
China Stands Firm on Yuan Support Amid U.S. Tariff Escalation
2 days ago
In a decisive response to the latest imposition of tariffs by the United States, China has reaffirmed its commitment to support the yuan, demonstrating its resilience in the face of escalating trade pressures. This strategic move follows the announcement from the U.S. that it is levying new tariffs on a range of Chinese products, which could heighten tensions already fraught in the bilateral economic relationship.
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