China responds to Trump's win: What's at stake for $400bn trade relationship
Chinese officials maintain their steady approach to US relations as Trump declares electoral victory. His proposed 60% tariffs and trade status changes could affect hundreds of billions in trade flows
Chinese foreign ministry keeps its cool as Donald Trump declares his presidential win on nov-6th. Their spokesperson Mao Ning made it clear during a beijing press-meet that China wont change its position towards US relations
We will continue to view and handle China-U.S. relations in accordance with the principles of mutual respect‚ peaceful coexistence and win-win cooperation
The economic stakes are high; with yearly trade reaching $400bn (and thats just direct exports to US). Trump has already laid-out his trade plans which include:
- 60%-plus tariffs on Chinese imports
- Removing Chinaʼs most-favoured trading position
- New limits on trade flows
Market experts point out that Beijingʼs leadership feels un-easy about possible trade conflicts; as the $19-trillion economy depends heavily on exports while local spending stays low. The situation becomes more complex because China also supplies parts worth hundreds of billions to other countries who then sell finished goods to US market
The timing of these developments — right as Trump announced his win — puts extra focus on future US-China business ties. Chinese officials stick to their three-part approach: respect peace and shared benefits; even as new trade rules might shake-up the whole system
