China announces new policy measures to protect its exports from Trump's new tariff threat
- Posted on November 21, 2024
- By Business News Today
- 1 Views
China announces new policy measures to protect its exports from Trump's new tariff threat
China is bolstering its export sector to counter potential tariff hikes by the incoming Trump administration. The nine-point plan includes expanded export credit insurance, increased financing for international trade, and support for cross-border e-commerce. These measures aim to mitigate the impact of anticipated US trade restrictions and maintain a favorable environment for Chinese exports.