Washington: The United States and China have officially kicked off a trade dispute that could either be a short-lived skirmish or a prolonged and painful trade war. The conflict began when the US imposed a 10% tariff on all Chinese goods, prompting China to retaliate with tariffs ranging from 10% to 15% on certain US … Read more
Washington: The trade tensions between the US and China have escalated significantly, with China imposing counter-tariffs on US imports in response to President Donald Trump’s 10% tariff on Chinese goods. This move has reignited the trade war between the world’s two largest economies, with China’s Finance Ministry stating that the US tariffs violate World Trade … Read more
Donald Trump has followed through on his promise to wield the United States’s vast economic weight to hit back at China for its alleged unfair trade practices and role in America’s deadly fentanyl crisis. The president said Saturday that Chinese exports to the United States would be subject to an additional 10 percent tariff in … Read more