Chinese Imports: Trump and Sound Development

chinese imports: Trump said during his campaign that he would impose tariffs of up to 45 percent on Chinese imports, according to Global Times China. He also vowed to bring US factories back home and create more job opportunities. The comments came amid growing concern in global markets about a possible trade war between the two countries after US President-elect Donald Trump takes office on Friday. At a press conference on Thursday, MOFCOM spokesperson Sun Jiwen reiterated that economic cooperation between China and the US benefits both countries. Sun said that the Chinese government is willing to work with the Trump administration to boost the healthy and sound development of the economic relationship between China and the US. It's hard to predict whether Trump will translate his campaign rhetoric into policies and launch a trade war against China, said Li Jian, a research fellow at the Chinese Academy of International Trade and Economic Cooperation under the MOFCOM, told the Global Times Thursday. We believe that the two countries can solve their trade problems through dialogue and cooperation, Sun said. (news.financializer.com). As reported in the news.

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