China Further Increases Tariffs On U.S Amid Global Trade War

In a significant escalation of a globally ongoing trade war, China announced on Friday that it will raise tariffs on U.S. imports to 125%, effective Saturday. This move mirrors the latest U.S. tariff increase to 145% on Chinese goods, worsening the economic standoff between the world’s two largest economies.​ Other tariffs imposed by US President Donald Trump last week, which he called “Liberation Day”, were … Continue reading China Further Increases Tariffs On U.S Amid Global Trade War

U.S and China Face off, many compare it to the Cold War

Last Friday, President Joe Biden held a meeting with the three other leaders of a group known as “The Quad.” The bunch consisted of “leading democracies in the Indo Pacific:” the US, Japan, India, and Australia.  U.S officials say that the meeting was an informal gathering, but China has condemned the Quad several times over the past months criticizing how they’re like a “Cold War-styled” … Continue reading U.S and China Face off, many compare it to the Cold War