China plays down latest Trump tariffs with path to talks unclear

China shrugged off US President Donald Trump’s latest escalation of the tariff war, with state media signaling the government is ready to weather the economic turbulence as no progress to resolve the standoff is in sight.

BY BLOOMBERG NEWS

Editorials and commentaries since the Trump administration slapped tariffs on roughly USD 110 billion in Chinese imports on Sunday have focused on the impact that the latest hikes on goods produced in China will have on US consumers. Late Sunday, the State Council, or cabinet, released a statement pledging to increase economic support if needed.

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