China vows to fight Trump tariffs

China has vowed to “fight to the end” and not bow to “blackmail”
from the U.S. as a global trade war ignited by President
Trump’s severe tariffs shows little sign of ending

CHINA CONSIDERS RETALIATION

Suspend China-U.S. cooperation on
fentanyl-related issues

Significantly increase tariffs on U.S.
agricultural products, such as soya beans

Ban import of U.S. poultry

Impose curbs on U.S.
services with China

Reduce or ban import
of U.S. movies

Investigate intellectual
property benefits of U.S.
companies in China

U.S. PRICES COULD RISE
Imported goods hit with tariffs may
become more expensive (%)*

Clothing
Toys and
video games
Computer parts
Smartphones
Housing
construction
materials
Aerospace parts
Televisions
Medical
diagnostic
equipment

+37
+30
+30
+27
+22
+11
+10
+10

*S&P Global
data (housing
construction
materials data
from UBS)

CHINA EXPORTS TO U.S.
Direct exports from China to U.S.
are not what they once were (%)

22
20
18
16
14

2005 2010 2015 2020 2024

2005: 21.4% of all
Chinese exports
go to U.S.

2024:
14.7%

Sources: Reuters, Bloomberg
Pictures: Getty Images
© GRAPHIC NEWS