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China can hit US firms where it hurts in tariff response

China's imports from the US aren't large enough to match Trump's tariffs dollar for dollar, but the country has other levers it could use

Trade war: Trump sets 25% tariff on $50 bn Chinese goods, faces retaliation
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Gerrit De Vynck | Bloomberg
President Donald Trump’s latest move to ratchet up tariffs on Chinese goods raises the spectre that China could strike back by tripping up US companies doing business in the Asian nation -- and tech is especially vulnerable.

On Tuesday, the US said it will impose a 10 per cent tariff on $200 billion of Chinese-made products, from food to electronics by August 30. That adds to an already-announced $50 billion in tariffs that could raise prices on almost half of everything the US buys from China. President Xi Jinping has vowed to strike back.

China’s imports from the US aren’t large enough