The United States and China are in a trade war face-off.
The US exported $143bn worth of goods to China in 2024 and has a trade deficit of $295bn.
To curb that, President Donald Trump has ratcheted tariffs up to a never-before heard of 145 percent on China, which has retaliated with 125 percent taxes on US goods.
While Trump has paused tariffs on most countries for 90 days, China is not on that list, escalating tensions between the two countries.
Earlier this week, China’s Ministry of…
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News Source: www.aljazeera.com

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