Trade tensions between U.S. and China

SOURCE www.npr.org
Retaliatory Chinese tariffs on U.S. products are set to take effect in response to U.S. tariffs on Chinese goods, escalating trade tensions between the two countries. China is emphasizing the need for dialogue and mutual respect to resolve the issues.

Key Points

  • Retaliatory Chinese tariffs on U.S. products are set to take effect
  • China emphasizes the need for dialogue and mutual respect to resolve trade issues
  • Increased trade friction between U.S. and China comes at a tough time for China's economy