The trade war between the U.S. and China has reached new heights.
In response to President Donald Trump's decision to raise tariffs on Chinese goods to 145%, China has retaliated by increasing its own tariffs on U.S. imports to a staggering 125%.
With both sides digging in, the global economy is bracing for more turbulence.
As tensions mount between the world’s two largest economies, the future of international trade hangs in the balance.
Watch the latest developments in this escalating economic conflict.
#China #USTariffs #TradeWar #Trump #ChinaRetaliates #GlobalEconomy #Tariffs #TradeConflict #ChinaUSRelations #EconomicTensions #InternationalTrade #USChina #BusinessNews #TrumpVsChina Also Read Trump's Isolate China Strategy Using Treasury Bonds And Sparking Market Turmoil :: https://www.oneindia.com/international/trumps-isolate-china-strategy-using-treasury-bonds-and-sparking-market-turmoil-4120223.html?ref=DMDesc China Stands Firm Amid Tariff Hike, Urges US To Engage Diplomatically: 'Threats, Blackmail Not Right Way' :: https://www.oneindia.com/international/china-stands-firm-amid-tariff-hike-urges-us-to-engage-diplomatically-threats-blackmail-not-right-4120129.html?ref=DMDesc China Censors Social Media Amid Escalating Trade War With US, Blocks Hashtags 'Tariff, 104' :: https://www.oneindia.com/international/china-censors-social-media-amid-escalating-trade-war-with-us-blocks-hashtags-tariff-104-4120009.html?ref=DMDesc