As China Slaps US With Retaliatory Tariffs, The Trade War Begins
The trade tensions between the US and China have escalated significantly, with China imposing counter-tariffs on US imports in response to President Donald Trump's 10% tariff on Chinese goods. This move has reignited the trade war between the world's two largest economies, with China's Finance Ministry stating that the US tariffs violate World Trade Organisation rules.
China lashed out saying Beijing "may be forced to take countermeasures" and emphasised that there is "no winner in a trade war".
