China says it is ready for ‘shocks’ as fresh Trump tariffs loom

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China said it is ready for any “unexpected shocks”, ahead of US President Donald Trump, which imposes a higher tariff for the second largest economy in the world and the great power.

Prime Minister Lee Qiang, responsible for the Chinese economy during the era of leader Xi Jinping, told foreign business leaders who gathered in Beijing on Sunday that uncertainty and instability in a rise, but China will choose the “right track” of globalization and public.

“We have preparations for an unexpected shock, which of course comes mainly from external sources,” he told me.

The United States is expected to impose additional fees on imports from China on April 2, when a “mutual tariff” is unveiled on countries around the world.

The warning tone comes from the Chinese Prime Minister at a time when Beijing is trying to improve the morale of the consumer and the investor, while preparing possible reprisals against future US definitions and sanctions.

Since he took office, Trump has already manufactured 20 percent of the customs tariffs on goods from China, in a move that the White House says is designed to pressure Beijing to break the companies that make the components of fentanel, a fatal artificial opium sometimes led to a drug abdication in the United States.

LI comments come at a time when countries and companies are preparing for the impact of mutual definitions amid expectations that Trump does not tend to make exemptions before the deadline.

There have been a very few senior talks between the United States and China since Trump took office, with the exception of one phone call between President and President Xi Jinping.

Trump said last week that Xi would come to the United States in the “non -far -long future”, but people familiar with the talks in Washington said that Beijing said there was no discussion about Shi’s travel to America.

Later on Sunday, Lee Steve Denz, Republican senator from Montana, is expected to meet very close to Trump. On Saturday, Daines, who was working in China in business, met on Saturday, Deputy Prime Minister He Lifeg, at a rare meeting between a senior American legislator and senior Chinese officials.

Denz’s office said it used his meeting with Trump’s call to China to stop the flow of chemicals used to make fentanel. He added that Senator “expressed his hope that high -level talks between the United States and China will occur in the near future.”