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The US and China: A New Trade Confrontation
Yesterday, Beijing warned against further tariff
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Yesterday, Beijing warned against further tariff increases, while the US promised to maintain high tariffs on Chinese goods. It is clear that the new substantial tariffs imposed by Donald Trump on Tuesday have once again taken center stage. This decision, part of the ongoing trade confrontation, has raised concerns across global financial markets and among economists, who predict further escalation of the conflict.China's reaction was immediate and sharp. Beijing called Washington's actions counterproductive and unacceptable, stating that it is ready
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Jakub Novak,
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