World Collection | Politics
What Will Be the Repercussions of the US-China Trade War?
Hi! I work as a full-time digital marketer, and I love to blog about politics and current affairs. The US-China trade war has developed into a large-scale political crisis in recent time. As sources have confirmed, China has announced tariffs on $46 billion of US products, which will be operational from 1st June. This news popped up just three days after the US doubled its tariff on $200 billion Chinese goods. Apparently, China increased tariffs on 5, 000 items while imposing 5% to 25% taxes on the imports. The worst affected components include beef, lamb, pork, vegetables, oil, and beverages.