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China's economy can weather higher tariffs imposed by President Donald Trump, the Chinese commerce minister said March 6, though he added that there are “no winners in a trade war.”

“Mexico could put their own import tariffs on — that could reduce the U.S. freight advantage. It’s a matter of how fierce the trade war gets,” said Pat Boova.

China responded to new U.S. tariffs by announcing March 4 it will impose additional tariffs of up to 15% on imports of key U.S. farm products, including chicken, pork, soy and beef.

The response from Beijing will likely include tariffs and non-tariff measures, a Communist Party-backed news outlet reported on March 3, citing a person it didn’t identify.

The long-promised tariffs scheduled to take effect March 4 would easily be among the most sweeping of the Trump era, applying to roughly $1.5 trillion in annual imports.

U.S. Treasury Secretary Scott Bessent said Mexico has proposed matching Washington’s tariffs on China and urged Canada to do the same.

New research suggests President Donald Trump’s latest tariffs on imports from China could hit the American economy more than official U.S. trade data indicate.

Mexico is weighing possible levies on Chinese imports as it pushes for a deal to avoid the 25% tariffs that President Donald Trump has threatened to impose on its goods before a March deadline.

The Trump administration is proposing fees on the use of China’s commercial ships it says could help counter the country’s maritime dominance.

China’s 10% additional tariff on vehicles with engines  larger than 2.5 liters imported from the U.S. took effect Feb. 10.