Xi’s No. 2 Says China Is Equipped to Fight Trump’s Tariff Hikes

Trump Set to Hit China With Sweeping 104% Tariffs

Chinese Premier Li Qiang said his country has ample policy tools to “fully offset” any negative external shocks, and reiterated his optimism about the growth of the world’s second-largest economy in 2025, despite the latest tariff threat from US President Donald Trump.

During a call with European Commission President Ursula Von der Leyen on Tuesday, Li said China’s macroeconomic policies this year have fully taken account of various uncertainties, according to an official readout. Beijing is strongly confident about maintaining the country’s healthy and sustainable economic growth, added Li — China’s No. 2 official, after President Xi Jinping.