1. A trade war of unprecedented scope and magnitude currently engulfs the world’s two largest economies – the US and China. As of mid-May 2019, the US had imposed import tariffs on roughly $250 billion of Chinese goods, China had met the US with retaliatory tariffs on $110 billion of US merchandise, and talks to resolve the conflict appear to have broken down. As the US-China conflict continues, American trade relations with the EU and Japan are strained. Is global prosperity being endangered by this clash of economic systems?
The post Politics: US CHINA TRADE WAR
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