By empowering our own industries to compete freely and fairly on the global stage, we cultivate resilience and economic freedom—without the need for isolationist tariffs that ultimately hurt American consumers and businesses more than they hurt China.

The president-elect and self-described "Tariff Man" has pledged to dramatically raise import duties on Chinese goods.

In recent days, China has been forcing down the value of the renminbi, partly in anticipation of Trump imposing new tariffs.