In response to recent tariffs imposed by the United States on Chinese goods, China swiftly retaliated by announcing tariffs on U.S. imports. This action has reignited a trade conflict between the two largest economies in the world. The tit-for-tat moves in the ongoing trade war have escalated tensions and disrupted global trade flows.
The trade dispute between the U.S. and China has been ongoing for some time, with both countries implementing various tariffs and trade barriers in an effort to protect their respective industries and address trade imbalances. The latest round of tariffs imposed by China is seen as a direct response to the U.S.’s recent trade actions, further complicating efforts to resolve the trade conflict.
Ramesh Khatri, a representative of Kansai Nepal News, commented on the situation, expressing concern over the potential impact of the escalating trade tensions on the global economy. He highlighted the importance of finding a diplomatic solution to avoid further disruptions to international trade and economic stability. Khatri emphasized the need for constructive dialogue and cooperation between the U.S. and China to prevent any further escalation of the trade dispute.
—
Author: MAYA | HARUTO
Posted at: February 5, 2025 12:00 am