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Workers unloading bags of chemicals at a port in Zhangjiagang in China's eastern Jiangsu province. Photo: Johannes Eisele/AFP/Getty Images

China's Ministry of Commerce has promised it will take "necessary countermeasures" if the Trump administration goes ahead with its latest round of tariffs, which would slap 25% duties on $200 billion of Chinese goods as soon as Friday, reports Reuters.

The big picture: The public comment period, which expires at 12:00 a.m. Friday, has seen hundreds of businesses and organizations speak out against the effects these tariffs would have on Americans, as they impact a greater cross-section of consumer goods than the $50 billion of China tariffs already in place. The tariffs could threaten 11 million U.S. jobs — most of which are concentrated in rural, deep-red parts of the country.

Go deeper

32 mins ago - Health

U.S. surpasses 400,000 coronavirus deaths on Trump's final full day in office

Expand chart
Data: CSSE Johns Hopkins University; Chart: Andrew Witherspoon/Axios

Over 400,000 people have died from the coronavirus in the U.S. as of Tuesday, per Johns Hopkins data.

Why it matters: It only took a little over a month for the U.S. to reach this mass casualty after 300,000 COVID deaths were reported last month. That's over 100,000 fatalities in 36 days.

Dan Primack, author of Pro Rata
40 mins ago - Podcasts

Bill Browder on Russia-U.S. relations after Alexei Navalny's arrest

Russian opposition leader Alexei Navalny was recently arrested in Moscow, just months after being poisoned in an assassination attempt, in what could become Joe Biden’s first major foreign policy test.

Axios Re:Cap speaks with Bill Browder, an investor and author who has his own history of clashing with Putin, to better understand the Navalny situation and how the U.S. might respond by using a law that Browder helped create.

3 hours ago - World

Special report: Trump's U.S.-China transformation

Illustration: Aïda Amer/Axios

President Trump began his term by launching the trade war with China he had promised on the campaign trail. By mid-2020, however, Trump was no longer the public face of China policy-making as he became increasingly consumed with domestic troubles, giving his top aides carte blanche to pursue a cascade of tough-on-China policies.

Why it matters: Trump alone did not reshape the China relationship. But his trade war shattered global norms, paving the way for administration officials to pursue policies that just a few years earlier would have been unthinkable.