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China's JD.com to spend 200 billion yuan to help exporters go domestic amid trade war
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China's JD.com to spend 200 billion yuan to help exporters go domestic amid trade war
Apr 11, 2025 2:52 AM

BEIJING, April 11 (Reuters) - China's e-commerce giant

JD.com ( JD ) announced on Friday it will launch a 200 billion yuan

($27.35 billion) fund aimed at helping the country's exporters

sell their products domestically, as a U.S.-China trade war

intensifies.

Beijing on Friday increased its tariffs on U.S. imports to

125%, hitting back against U.S. President Donald Trump's

decision to hike duties on Chinese goods to 145%.

($1 = 7.3122 Chinese yuan renminbi)

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