AsianFin -- Senior officials from multiple Chinese government ministries held a briefing on Monday, signaling efforts to bolster confidence amid escalating trade tensions.

The officials outlined measures to support affected companies and unemployed workers, including eased credit conditions and targeted policies, aiming to counterbalance the impact of U.S. tariffs on Chinese exports that could reach as high as 145%. Beijing’s leadership sought to reassure markets, emphasizing its capacity to shield employment and minimize economic disruptions stemming from the trade conflict initiated by U.S. President Donald Trump.