💨 Abstract

China has retaliated against the U.S. by imposing a 125% tariff on U.S. goods, following Trump's increase of tariffs on Chinese goods to 145%. This escalation between the world's two largest economies has caused global stock markets to plummet, the dollar to slide, and fueled global recession fears.

Courtesy: www.thesouthafrican.com

Summarized by Einstein Beta 🤖