Economy / FinanceAsiaNorth AmericaPolitics

Steven Van Metre: China Strikes Back in Shocking Retaliation to US Tariffs

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In a dramatic escalation of trade tensions, China has announced a series of retaliatory measures in response to the latest U.S. tariffs imposed on Chinese goods. The move, characterized by analysts as a powerful counter-strike, is poised to reshape the dynamics of global trade and heighten economic uncertainties that have been lingering for years. The ongoing trade dispute between the United States and China traces its roots to 2018 when the Trump Admin initiated a campaign of tariffs on Chinese imports, citing unfair trade practices and intellectual property theft. Despite numerous rounds of negotiations and a brief thaw in relations,…

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