28-02-2025
Trump's Latest Tariff Jolt Has Markets Alert for China Response
By , Winnie Hsu, and Iris Ouyang
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The latest US tariff threats have spurred investors to game out how China might respond, with moves like fresh stimulus and looser monetary policy seen to be on the table.
The catalyst came from US President Donald Trump's comments that another 10% tax is slated on imports from China, along with 25% tariffs on Canada and Mexico, on track to be enacted March 4. The measures, which will come on top of a 10% duty on China he allowed to take effect earlier this month, sent the offshore yuan 0.4% lower against the greenback on Thursday. The Nasdaq Golden Dragon index of US-listed Chinese stocks slid 0.9%.
