China Claims Domestic Spending Will Mitigate Impact of Trump’s Tariffs, Yet Skepticism Persists
## Navigating Economic Shocks: China’s Strategy Amidst Rising U.S. Tariffs As tensions escalate in the trade landscape between the United States and China, there’s a pronounced shift towards nurturing domestic consumption within China to counterbalance the impacts of towering U.S. tariffs on Chinese exports. This strategic pivot underscores Beijing’s resilience and foresight in stabilizing its…