The Trump administration has approved a 25 per cent tariff on Chinese goods worth around $50 billion, exacerbating trade tensions between the two nations. The…
The Trump administration has approved a 25 per cent tariff on Chinese goods worth around $50 billion, exacerbating trade tensions between the two nations.
The tough new trade penalties are imposed on goods that contain ‘industrially significant technologies’ including things like televisions, medical devices and aircraft parts.
The White House has accused China of taking part in unfair economic practices and argue the US can ‘no longer tolerate losing their technology and intellectual property.
