RUSH DOSHI is Director of the Initiative on China Strategy at the Council on Foreign Relations and an Assistant Professor at the Edmund A. Walsh School of Foreign Service at Georgetown University. He previously served as Deputy Senior Director for China and Taiwan Affairs at the National Security Council during the Biden administration.

While China could offset American tariffs by letting its currency fall, that might endanger Beijing’s recent efforts to stabilize the economy.

The tariffs, if implemented, could dramatically raise prices for American consumers on everything from gas to automobiles to agricultural products.

After President-elect Donald Trump takes the oath of office next month, U.S.-China relations are poised to be one of the greatest foreign policy challenges for the new administration.

By Joe Cash BEIJING (Reuters) -China attacked U.S. President-elect Donald Trump's pledge to slap additional tariffs on Chinese goods over fentanyl flows, saying his incoming administration was pushing the blame for America's opioid crisis onto China.