How China can hit back at Trump: Target US firms, turn to India, Africa
- Posted on November 29, 2024
- By Business News Today
- 1 Views
How China can hit back at Trump: Target US firms, turn to India, Africa
China is expanding its retaliatory measures amid new trade conflict threats from the US. Strategies include selling US Treasuries, weakening the yuan, restricting key exports, targeting US companies, and building alliances with US allies. These actions aim to counter potential tariffs and trade restrictions but carry risks including economic fallout and potential retaliation.