The escalating trade conflict between the U.S. and China has intensified, with the U.S. imposing tariffs up to 145% on Chinese imports, while China retaliated with 125% tariffs on U.S. goods. Despite President Trump’s claims of ongoing negotiations, China has denied any current talks, stating that any discussions are contingent upon the suspension of U.S. tariffs. Economists express skepticism about the effectiveness of Trump’s strategy, noting potential long-term economic repercussions for both nations.​

Source:
Al Jazeera