💨 Abstract

The article reports on escalating global trade tensions between the U.S. and China, with both countries imposing tariffs on each other's goods. China has vowed to fight back against U.S. tariffs, while the European Union has also proposed counter-tariffs. Financial markets have been volatile in response to the trade war, with some countries, such as Japan, experiencing a rebound in their stock markets after negotiations with the U.S.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖