💨 Abstract

China has threatened to retaliate after President Trump imposed 34% tariffs on Chinese imports, worth over $438 billion. However, China has not yet announced any immediate countermeasures, leaving room for a possible negotiated deal. Trump's tariffs are part of his efforts to reshape American trade policy, and China has accused the US of violating WTO rules.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖