
New tariffs by US President Donald Trump, in force on Saturday, targeted countries such as Australia, Great Britain, Colombia and Saudi Arabia, which send shock waves through global markets. In response, China has imposed 34% of imports on imports in the US, along with export controls and trade limitations. Experts warn that escalating trade war could lead to a recession, because the tension between the US -a China continues to grow. This report explores the potential economic relegation of this global conflict.
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