Trade War

Trade War

Two of the World’s largest economies dove deeper into a trade war post Beijing’s move on including US$ 60 billion of products from the United States in its import tariff list. This was in retaliation for President Trump’s planned charges on Chinese goods worth US$ 200 billion. Tariffs on Chinese products would begin from 10 percent and increase to 20 percent by 2019. Partly relying on Section 301 of the