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VisitWhat will be China's response to US tariff implementations by March 2025?
Retaliatory tariffs • 25%
Negotiations for trade agreements • 25%
No response • 25%
Other economic measures • 25%
Official statements from the Chinese Ministry of Commerce or other governmental announcements
Yellen Warns Sweeping Tariffs, Including Trump's Proposals, Could Ignite Inflation, Harm US Competitiveness
Oct 17, 2024, 10:00 AM
US Treasury Secretary Janet Yellen has issued a warning that sweeping and untargeted tariffs could ignite inflation, raise prices for American families, and make US businesses less competitive. In remarks to the Council on Foreign Relations, Yellen described such tariffs as 'deeply misguided' and cautioned that they would harm US economic resilience and competitiveness. Yellen also highlighted concerns about China's policies leading to industrial overcapacity, which she said threatens American firms and workers. The New York Times reports that Yellen specifically criticized Trump's tariff proposals.
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Imposes retaliatory tariffs • 25%
Seeks negotiation • 25%
Takes no action • 25%
Other significant action • 25%
Retaliatory tariffs • 25%
Diplomatic negotiations • 25%
No action • 25%
Other • 25%
Increase tariffs on US goods • 25%
Negotiate trade agreements • 25%
Introduce non-tariff barriers • 25%
No significant policy change • 25%
Implement retaliatory tariffs • 25%
Negotiate with the US • 25%
No official response • 25%
Other actions • 25%
Currency Devaluation • 25%
Tariff Retaliation • 25%
Negotiations • 25%
Other Economic Measures • 25%
Retaliatory tariffs on U.S. goods • 25%
Negotiation with the U.S. • 25%
No significant response • 25%
Other measures • 25%
Yes • 50%
No • 50%
Impose retaliatory tariffs • 25%
Seek diplomatic negotiations • 25%
No significant response • 25%
Other • 25%
File a WTO complaint • 25%
Impose retaliatory tariffs • 25%
Seek bilateral negotiations • 25%
No significant action • 25%
Retaliatory tariffs imposed • 25%
Diplomatic negotiations initiated • 25%
No significant response • 25%
Other response • 25%
No • 50%
Yes • 50%
No significant change • 25%
Improvement in trade balance • 25%
Initial worsening followed by improvement • 25%
Worsening of trade balance • 25%