Trump hits out with 100% tariffs on Chinese imports after Beijing’s fresh curbs on rare earths, a month before both sides were due to agree a deal
With nearly a month to go before the deadline for the US and China to reach a deal in their trade war, goodwill between the two countries appears to have been swept off the table in recent days. China announced that it was once again restricting the export of critical minerals, prompting the US president, Donald Trump, to announce tariffs of 100% on US-bound Chinese exports, scuppering, at least for now, hopes that global economic chaos could be averted.
Why has the US-China trade war restarted?
Continue reading…Trump hits out with 100% tariffs on Chinese imports after Beijing’s fresh curbs on rare earths, a month before both sides were due to agree a dealWith nearly a month to go before the deadline for the US and China to reach a deal in their trade war, goodwill between the two countries appears to have been swept off the table in recent days. China announced that it was once again restricting the export of critical minerals, prompting the US president, Donald Trump, to announce tariffs of 100% on US-bound Chinese exports, scuppering, at least for now, hopes that global economic chaos could be averted.Why has the US-China trade war restarted? Continue reading…
