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China plans to target American firms if Trump imposes tariffs on China

The US president's possible imposition of tariffs on China could mean losses for American business

Xi Jinping, Donald Trump
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STRIKING A NEW TONE: US President Donald Trump (right) with Chinese President Xi Jinping. During his recent visit to Beijing, Trump praised China for taking advantage of another country for the benefit of its own citizens

Sui-Lee Wee | NYT Beijing
Chinese officials have warned that they will retaliate against American companies if President Trump imposes tariffs on China, an American business group said on Tuesday, with airplanes and agricultural products among the likely targets.

The warning, issued by the American Chamber of Commerce in China, came just hours before Trump was expected to address the issue during his State of the Union address. The Trump administration is investigating whether it should impose a series of trade actions against China, in areas like technology and intellectual property theft as well as in traditional areas of trade disputes like steel and aluminum.

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First Published: Jan 31 2018 | 12:34 AM IST

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