Category Archives: Weekly overview

Weekly Overview (02 – 06 July 2018): China vows to strike back in response to Trump’s harsh import tariffs

Last Friday marked the day when Trump’s administration imposed 25% tariffs on $34 million worth of Chinese exports to the US. Outraged by this decision, the country was quick to retaliate by dubbing Trump’s move as “the largest trade war in economic history” and promised reciprocal trade restrictions on US goods in the very near future.

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