💨 Abstract

China will impose 34% reciprocal tariffs on US imports from April 10, in response to Trump's 34% tariff on Chinese goods. This escalation is expected to worsen trade tensions and cause a reset in US-China relations. China has also added 11 American firms to its "unreliable entity list" and placed export controls on 16 US firms.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖