Beijing Hosts Supply Chain Expo as Trump Tariff Threats Loom Over Trade
The event highlights China's global trade ambitions while U.S.-China tensions escalate with incoming tariffs from President-elect Donald Trump.
- The second China International Supply Chain Expo opened in Beijing, focusing on advanced manufacturing, green technology, and supply chain services.
- President-elect Donald Trump has pledged to raise tariffs on all Chinese imports to the U.S. by an additional 10%, intensifying trade tensions.
- Apple CEO Tim Cook and other U.S. business leaders attended the event, emphasizing the importance of China's role in global supply chains despite diversification efforts.
- Chinese state media framed the expo as a commitment to global economic openness, contrasting with rising protectionist policies in other major economies.
- Experts predict U.S.-China supply chains will become more complex, with third-party countries increasingly involved in processing and exporting goods.