Trade war between the US and China is heating up
The trade war between the US and China is heating up. Washington (United States) has imposed tariffs on $250 billion worth of Chinese imports, and China has hit back with its own tariffs. The tensions go beyond this.
China and the U.S. have slapped tariffs on billions of dollars worth of each other’s goods. These protectionist stances on trade have kept investors on edge for most of the year as they fear tighter trade conditions could slow down the global economy.
Equities are down sharply this month amid worries over corporate earnings and fears of rising rates, among other factors.
Trade war between the US and China is heating up < News