Traders in the export manufacturing hub of Yiwu, Zhejiang Province, shrugged off Donald Trump's tariffs – with some saying that they had already made preparations while others said U.S. customers would bear the higher prices.
Trump’s policies have reignited fears of a full-blown trade war that would ignite between the world's two largest economies, China and the U.S.
China has prepared to impose its own counter-tariffs of up to 15% on some U.S. goods starting from Monday February 10.
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