China's state media praise some US firms amid fears of new trade war

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China's state media praise some US firms amid fears of new trade war - Business Standard

Quick Summary:

Trump, who takes office on Jan.20, said on Monday he would impose a 10% tariff on Chinese goods so that Beijing does more to stem the flow of Chinese-made chemicals powering an opioid epidemic in the United States.

The executive, who was also in China during Trump's first term, is not authorised to speak to media and declined to be identified.

During Trump's first term, Chinese authorities did not often make direct official comments on the trade war.