💨 Abstract

The U.S. imposed an additional 10% tariff on Chinese imports, citing ongoing fentanyl issues. China accused the U.S. of using tariff pressure and blackmail, and warned of retaliation. The tariffs come days before China's annual parliamentary meet, where it is expected to announce its 2025 economic priorities. Both countries appear to be preparing for continued trade tension.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖