China’s economy grew more than expected in the last three months of 2024, official data showed on Friday, as it awaits the likely imposition of fresh tariffs by US President-elect Donald Trump, who takes office next week.

Even before Donald Trump takes office on Monday, trade tensions between the world’s biggest economies are already heating up.

The US, Canada and the European Union have accused China of making too many goods and imposed tariffs on Chinese imports to protect domestic jobs and businesses. Experts say Chine

Correcting the major imbalances in the global economy will require collaborative international action. If he wants results, Trump will need to rein in his penchant to go it alone.

U.S. imports from China finished the year strong after some companies stockpiled shipments of apparel, toys, furniture and electronics ahead of President-elect Donald Trump's plan to impose new tariffs that could revive a trade war between the world's economic superpowers.

China is the US's biggest customer when it comes to agricultural products. President-elect Donald Trump has promised to impose steep tariffs on China in his second term. Many farmers in the American heartland worry China's response could break them.