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China Prepares for Economic Showdown with Trump Administration

1/20/2025

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Story summary
  • As President-elect Donald Trump approaches his inauguration, China is gearing up for a potential economic showdown with the U.S. The nation threatens investigations into American chipmakers and accuses a retailer of wrongdoing, which could spark sanctions. Additionally, plans for duties on industrial plastics reveal China's strategic positioning in the looming trade battles ahead.