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Saturday, August 24, 2019

Trade war between the US and China is now in the next round.

The US and China say to each other: in this your loss

The US and China say to each other: in this your loss
The US and China say to each other: in this your loss
The us And China is imposing many kinds of taxes on each other's products, due to which both countries are losing business. It can be said that the world may start economic recession. Both countries do business in the world and make profits, but both these countries are losing business in each other's country. And the reason for this deficit is various types of taxes.

world may start economic recession
This is starting of economic recession
The US says that China has a deficit and China says that the US has a deficit, but the truth is that the deficit is for both.

It looks like W.W.E.

It looks like W.W.E.
It looks like W.W.E.
The trade war between the US and China is now in the next round. Sometimes the US makes an edge, sometimes China. It is like W.W.E. because the fight here is to be the winner of trade and that is why both countries are doing business losses by taxing each other's products.
Sometimes the US makes an edge, sometimes China.
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'
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%.


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