China is considering rolling back its 125% tariffs on select US goods, like medical equipment and aircraft leases, amidst intensifying economic pressures. This follows discussions confirmed by President Donald Trump regarding ongoing trade talks with China, highlighting strides towards easing trade friction.
In a bid to bolster economic stability, the People’s Bank of China injected 600 billion yuan (about 82.3 billion USD) into the banking system, marking the largest cash infusion since 2023. This strategic move aims to sustain liquidity and support banks amid rising US tariffs and ongoing trade challenges.
Leave a Reply