US China Commercial War: All turns and developments at an overview
US China Commercial War: All turns and developments at an overview
The increasing trade conflicts between China and the United States show hardly any signs of relaxation after massive mutual tariffs between the two largest economies in the world have been imposed this week.
Current developments in the trade war
Beijing has the tariffs on imports from the USA on 125 % Increased, and a day later the white house made it clear that Chinese imports are now with tariffs from at least 145 %. Where this will end up gradually is uncertain
causes of the conflict
But how did we get to this point? Here we summarize the confusing and Forth between the USA and China.
conclusion and outlook
Developments in the trade between these two nations could have far -reaching consequences for the global economy. Observers are excited to see how the situation will develop and what measures both countries could take next.
Photo source: Chip Somodevilla/Getty Images and Greg Baker/AFP/Getty Images
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