US-China Trade Tensions Escalate as Tariffs Increase on Key Goods

US-China trade tensions rise as both nations impose higher tariffs, impacting global supply chains and market sentiment.

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12 days ago

US-China Trade Tensions Escalate as Tariffs Increase on Key Goods

US-China Trade Tensions Escalate as Tariffs Increase on Key Goods
US China trade tensions have escalated as both countries have increased tariffs on key goods. The US has imposed additional tariffs on Chinese electronics and machinery, while China has retaliated by raising tariffs on agricultural products. This escalation is expected to affect global supply chains, with analysts forecasting slower trade growth between the two largest economies.