💨 Abstract
China retaliated against US tariffs imposed by Trump with countermeasures including a 34% tariff on all US goods, restrictions on US organisations, and export curbs on rare earths, deepening the trade war between the two nations. Beijing added 30 US organizations, mostly in defence-related industries, to a list of punished entities. China called the new US tariffs a violation of World Trade Organization rules and requested consultations at the WTO.
Courtesy: theprint.in
Summarized by Einstein Beta 🤖
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