Chinese Respond to Trump’s Response to Chinese Response to Trump’s Trade War


Trade war!

China is retaliating against a new round of U.S. tariffs with its own levies on $60 billion worth of U.S. products, escalating the countries’ trade fight while Chinese officials weigh whether to accept Washington’s offer for more negotiations. The announcement by the country’s cabinet came half a day after President Trump announced new tariffs on $200 billion in Chinese goods, an action that left Chinese officials scrambling on how to respond. The new levies, on imports from the U.S. ranging from farm products and machinery to chemicals, will take effect on Sept. 24, the same day the latest U.S. penalties are set to kick in. The Chinese rates will range from 5% to 10%.

The conventional wisdom is that China is running out of headroom to levy tariffs at the same rate as Trump, and that’s true. But China has plenty of other actions at its disposal that can make life harder for American businesses and/or easier for non-American businesses. Either one would provide an advantage for non-American companies over American companies.

In the end, of course, the market will get whatever the market wants. It probably doesn’t matter much what Trump or Xi want. They’ll flail around, but two years down the road nothing much will have changed. You’d think a bunch of Republicans would be able to figure this out.


The more we thought about how MoJo's journalism can have the most impact heading into the 2020 election, the more we realized that so many of today's stories come down to corruption: democracy and the rule of law being undermined by the wealthy and powerful for their own gain.

So we're launching a new Mother Jones Corruption Project to do deep, time-intensive reporting on systemic corruption. We aim to hire, build a team, and give them the time and space needed to understand how we got here and how we might get out. We'll publish what we find as a major series in the summer of 2020, including a special issue of our magazine, a dedicated online portal, and video and podcast series so it doesn't get lost in the daily deluge of breaking news.

It's unlike anything we've done before and we've got seed funding to get started, but we're asking readers to help crowdfund this new beat with an additional $500,000 so we can go even bigger. You can read why we're taking this approach and what we want to accomplish in "Corruption Isn't Just Another Scandal. It's the Rot Beneath All of Them," and if you like how it sounds, please help fund it with a tax-deductible donation today.

We Recommend


Sign up for our newsletters

Subscribe and we'll send Mother Jones straight to your inbox.

Get our award-winning magazine

Save big on a full year of investigations, ideas, and insights.


Support our journalism

Help Mother Jones' reporters dig deep with a tax-deductible donation.