Manipulation

China is unlikely to engage with the United States as long as the latter continues its "tariff numbers game," a sentiment echoed by China’s foreign ministry following the White House's announcement of potential tariffs reaching up to 245% due to China's retaliatory actions. In a recent factsheet, the White House outlined a breakdown of China's tariffs, which comprise a new reciprocal tariff of 125%, a 20% tariff aimed at tackling the fentanyl crisis, and tariffs varying from 7.5% to 100% on selected goods to counteract what…