China U.S Trade War :
The China-U.S. trade war has escalated as Beijing imposes a 15% tariff on key U.S. food commodities, targeting agricultural exports like soybeans, corn, and meat.
This retaliatory move follows recent U.S. sanctions and trade restrictions on Chinese technology firms. With tensions mounting between the world’s largest economies, global markets brace for potential disruptions.
China U.S Trade War
#ChinaU.STradeWar
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U.S. Treasury Secretary Scott Bessent declined to confirm direct tariff negotiations with China, suggesting that Beijing faces severe economic fallout if current trade barriers persist. Speaking to reporters, Bessent cited potential Chinese job losses in the millions and argued that the U.S. trade deficit puts pressure on China to act. While avoiding specifics on communications, he hinted at the unsustainable nature of China’s tariff stance. Beijing denies ongoing talks. The standoff continues, clouded by diplomatic silence and sharp warnings of economic instability from Washington.
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