U.S. tariffs on $18 billion of goods aren’t phasing China

China’s measured response to the U.S. move to hike tariffs on $18 billion of Chinese goods from syringes to batteries suggests relations between the world’s two largest economies face more frost rather than a fresh firefight over trade. China denounced the Biden administration’s action and vowed “resolute measures” to protect its interests. But Beijing’s response […]

China’s measured response to the U.S. move to hike tariffs on $18 billion of Chinese goods from syringes to batteries suggests relations between the world’s two largest economies face more frost rather than a fresh firefight over trade.