US China Trade War: China has announced new tariffs of up to 15% on key U.S. farm products, including chicken, pork, soybeans, and cotton, set to take effect on March 10. This follows US President Donald Trump's 20% tariff hike on Chinese goods. Additionally, China placed 15 U.S. companies on its "unreliable entities" list, restricting exports and investments. China also banned U.S. medical company Illumina from selling gene sequencers, citing discriminatory practices. The move escalates tensions in the ongoing US China trade dispute.
#uschinarelations #uschinatradewar #uschinawar #donaldtrump #xijinping
Subscribe to Financial Express: https://bit.ly/2TN006o
The Financial Express (FE) is a business paper that’s closest to the people who are in the business of business. From business policies to market trends to new developments, The Financial Express comes packed with incisive news on every relevant issue.
Connect with us:
Facebook: https://www.facebook.com/thefinancialexpress
Twitter: https://twitter.com/FinancialXpress
Website: https://www.financialexpress.com/