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China Strikes Back: Tariffs & Tensions in US-China Trade War

February 5, 2025
Source: devdiscourse.com devdiscourse.com
News Snapshot:
In a strategic response to U.S. tariffs on Chinese imports, China announced targeted levies on Tuesday, affecting a broad range of American goods, from coal to technology. Significant U.S. companies like Google have been put on notice for possible sanctions, escalating tensions between the two countries. President Donald Trump and Chinese President Xi Jinping have yet to engage in crucial talks to address the ongoing trade dispute. Investors remain hopeful for a temporary reprieve, observing recent negotiations where Trump paused tariffs on Mexico and Canada, boosting market confidence. China's tariffs, reportedly lower in scale compared to the U.S. measures, indicate...
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Tags: Canada | China | Chinese | Donald Trump | Economy | Google | import | Mexico | president | Sanctions | search engine | technology | trade | Trump | U.S. | War | Xi Jinping

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