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What will be China's trade policy response to US tariffs by 2025?
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Resolution / Starting Odds
Increase tariffs on US goods • 25%
Negotiate trade agreements • 25%
Introduce non-tariff barriers • 25%
No significant policy change • 25%
Chinese government trade policy announcements
Story
Trump Proposes 38% Tariffs on Chinese Imports Next Year, Potentially Cutting China's Growth by 1%
Nov 20, 2024, 08:53 AM
President-elect Donald Trump has outlined an aggressive tariff strategy, proposing a blanket tariff of 10% to 20% on all imports and extra tariffs ranging from 60% to 100% on goods imported from China. These measures are part of Trump's economic agenda, aiming to protect American industries from foreign competition. Economists polled by Reuters expect Trump to impose nearly 40% tariffs on Chinese goods early next year, which could reduce China's economic growth by up to 1 percentage point in 2025. In response, China is likely to introduce more stimulus measures to mitigate the impact of these tariffs. Economists are also divided on the impact of Trump's proposed tariffs on the UK economy, with many corporate executives raising concerns about the potential effect on inflation.
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Retaliatory tariffs • 25%
Negotiations for trade agreements • 25%
No response • 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%
Currency Devaluation • 25%
Tariff Retaliation • 25%
Negotiations • 25%
Other Economic Measures • 25%
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%
Retaliatory tariffs imposed • 25%
Diplomatic negotiations initiated • 25%
No significant response • 25%
Other response • 25%
Yes • 50%
No • 50%
Implement retaliatory tariffs • 25%
Negotiate with the US • 25%
No official response • 25%
Other actions • 25%
Impose retaliatory tariffs • 25%
Seek diplomatic negotiations • 25%
No significant response • 25%
Other • 25%
Currency devaluation • 25%
Negotiation and diplomacy • 25%
Retaliatory tariffs • 25%
Export subsidies • 25%