
Trump’s trade war escalates as China raises tariffs on US goods
Introduction The U.S.-China trade war, initiated under the Trump administration, has entered a new phase of escalation as China retaliates with increased tariffs on American goods. This move comes in response to the U.S. imposing additional duties on Chinese imports, further straining economic relations between the world’s two largest economies. The tit-for-tat tariff hikes have…