Briefing | Arise, consumers!

As Donald Trump’s trade war heats up, China is surprisingly confident

Should it be?

Shoppers at a street market in Shanghai, China
Photograph: Qilai Shen/New York Times/Redux /Eyevine
|BEIJING, HONG KONG and SHANGHAI

Editor’s note (April 5th 2025): On April 4th China retaliated against Donald Trump’s tariffs, announcing a 34% duty on American goods.

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This article appeared in the Briefing section of the print edition under the headline “Arise, consumers!”

From the April 5th 2025 edition

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