Reported 8 days ago
President Trump has escalated tariffs on Chinese imports, reaching 145%, while suspending some reciprocal tariffs on other nations amid falling stock markets. China, led by President Xi Jinping, has reacted aggressively, imposing substantial tariffs on U.S. goods and adopting a confrontational stance. Both countries are navigating a complex trade war, with China potentially willing to endure economic pain longer than Trump, but both face vulnerabilities that could impact their respective economies.
Source: YAHOO