China 'prepared' for trade war and unveils response to Trump tariffs

© Anton Eine

There was never really any doubt that the Chinese had long been planning their retaliation to Donald Trump’s import traffic on Chinese goods, but this extensive report from Caixin, China’s answer to The Financial Times, details who and what it intends to target in response. And it doesn’t bode well for US food producers that have spent years prising access to the world’s largest country – shippers of pork, nuts, fresh fruits and wine can all expect to see prices ...