TradeConflict

US-China Tariff War Intensifies: A $19 Trillion Crisis Looms

1 month ago

The ongoing trade conflict between the United States and China has entered a perilous phase, with escalating tariffs threatening to obliterate $19 trillion in global economic value. Analysts warn that the two nations, locked in a relentless tit-for-tat barrage of trade penalties, could inadvertently precipitate a worldwide recession if the situation remains unresolved.

Trump Tariffs Spark Global Trade Tensions in the Food Sector

2 months ago

In a developing saga of global trade turmoil, recent moves by former President Donald Trump involving tariffs are stirring significant concerns in the agricultural sector. As the U.S. government reinstates certain tariffs on imports, a ripple effect is being felt across multiple countries, leading to retaliatory threats that could reshape international trading relationships.

China Stands Firm on Yuan Support Amid U.S. Tariff Escalation

2 months ago

In a decisive response to the latest imposition of tariffs by the United States, China has reaffirmed its commitment to support the yuan, demonstrating its resilience in the face of escalating trade pressures. This strategic move follows the announcement from the U.S. that it is levying new tariffs on a range of Chinese products, which could heighten tensions already fraught in the bilateral economic relationship.