The two economic giants completed trade talks on Thursday among mid-level officials, without any major breakthroughs, as it was widely expected. New tariffs kicked in on $16 billion worth of imports from China by the USA, followed immediately by reciprocal tariffs from China.
U.S. businesses warn Trump administration that new tariffs on $200 billion of Chinese imports will cause consumers to pay more. Trade tensions escalate as the trading rivals make little effort to settle the dispute.
The US – China trade dispute is still alive and well. Trump’s administration recent threat for additional tariffs on $200bn Chinese products has once again come to the forefront.
After months of threats and rumours and statements and frustrations, the USA VS CHINA trade war is about to get real.
The US President warned WTO that USA will “do something” if the Organisation does not regarding EU tariffs. During his meeting with the Dutch Prime Minister, Trump accused WTO that treats USA unfairly.