China's state media praise some US firms amidst trade war fears, but uncertainty remains.
From Investing.com: 2024-11-27 21:35:38
China’s state media praise U.S. firms for collaboration amid trade war fears. Trump plans 10% tariff on Chinese goods to combat opioid epidemic. Threatened tariffs over 60% during campaign. Global Times lauds Apple, Tesla, Starbucks, HP for strong ties with China. Morgan Stanley expands operations in China, highlighting foreign investment enthusiasm. Chinese authorities silent on trade war comments during Trump’s first term. No direct response from China on Trump’s 10% tariff threat, embassy official warns against trade war. Only 47% of U.S. firms optimistic about future China business outlook, survey shows.
Read more at Investing.com: China’s state media praise some U.S. firms amid fears of a new trade war By Reuters
