Trade War between China and the United States

SOURCE www.breitbart.com
China retaliates against President Trump's tariffs by imposing levies on key American goods, including LNG, coal, and agricultural equipment. The trade war escalates with potential for further tariffs in April.

Key Points

  • China retaliates with 10-15% tariffs on American goods
  • Trump imposes 25% tariffs on steel and aluminum imports
  • Trade war could escalate further in April

Pros

  • Putting pressure on China to negotiate fair trade deals
  • Protecting American industries from cheap imports

Cons

  • Risk of escalating tensions leading to a full-blown trade conflict
  • Potential negative impact on global economy