The US and China say to each other: in this your loss
|The US and China say to each other: in this your loss|
|This is starting of economic recession|
It looks like W.W.E.
|It looks like W.W.E.|
|Sometimes the US makes an edge, sometimes China.|
It is difficult to say how long this trade war is but both countries do not want to end this trade war in the near future. Here the matter is of prestige and both countries will keep trying to make an edge over each other.
What President Trump said?
|President Donald Trump said that this was an 'unfair trade relationship'|
China imposed two new tariffs on US products. After this, President Donald Trump said that this was an 'unfair trade relationship' and China should not impose new duties on US products worth 75 billion dollars. Donald Trump said that this is a politically motivated move and now we will also increase taxes on products. The US president said, from October 1, the US will raise tariffs on products worth $ 250 billion from 25 percent to 30 percent. Trump said that $ 300 billion worth of Chinese products could also be increased at a rate of 10% to 15%.