US-China trade war escalates with new round of tit for tat tariffs, timeline from Trump's first term

The US-China trade war heats up with China retaliating against Trump's new 34% tariffs on all Chinese imports. Key countermeasures include export controls, WTO lawsuit, suspensions of US agricultural imports, and restrictions on US companies. This intensifies ongoing economic strain, resembling past tariff battles, affecting global supply chains and economic balances.

from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/sEOmkRl
https://ift.tt/U7YFfSe