💨 Abstract

China has rejected the "blackmail nature" of the U.S. after the U.S. increased tariff threats. The Chinese Commerce Ministry stated that these threats were a mistake and urged the U.S. to resolve differences with China through dialogue on an equal footing. In response, U.S. President Donald Trump threatened to impose an additional 50% tariff on China if they do not withdraw their retaliatory tariffs on the U.S.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖