అమెరికా - చైనా వాణిజ్య యుద్ధం తీవ్రమవుతోంది || US - China Trade War Intensifies || скачать в хорошем качестве

అమెరికా - చైనా వాణిజ్య యుద్ధం తీవ్రమవుతోంది || US - China Trade War Intensifies ||

#profknageshwar #ProfkNageshwaranalysis #mlcnageshwar #tariffs #tradewar #china #usa #trump అమెరికా - చైనా వాణిజ్య యుద్ధం తీవ్రమవుతోంది || US - China Trade War Intensifies || China unlikely to blink first as Trump’s trade war enters uncharted new territory Amy Hawkins Since Trump’s first trade war with China in 2018, Beijing has ramped up trade with other countries, making it less dependent on the US The opening shots seem like a distant memory. Back in January, US president Donald Trump threatened to impose a tariff of 10% on Chinese imports. Less than three months later, the rate is now 104%. China has condemned the tariffs. As well as applying its own reciprocal tariff of 34% on US imports, Beijing has been fighting a war of words. “When challenged, we will never back down,” said China’s foreign ministry spokesperson, Lin Jian. The commerce ministry said: “China will fight to the end if the US side is bent on going down the wrong path.” Further countermeasures have been promised by Beijing. The tit-for-tat measures could spark fears of a race to the bottom, with ordinary people suffering as prices rise and a fears of a global recession grow. But although China’s economy has in recent years been beset by its own challenges, when it comes to tariffs specifically, Beijing is unlikely to blink first. https://www.theguardian.com/world/202...