Sunday, 12 May 2019

Trump-China Trade Fight Unfolds as Deeper Conflict Takes Shape

Trump-China Trade Fight Unfolds as Deeper Conflict Takes ShapeChina and the U.S. ended talks in Washington on Friday with no deal after President Donald Trump raised tariffs on more than $200 billion in goods from the country and China vowed to retaliate. The moves create new barriers between the world’s largest economies and further complicates a relationship which is increasingly strained over flashpoints that include trade, technology, Taiwan and the South China Sea. On Monday, two U.S. warships sailed near disputed islands in the South China Sea, challenging Beijing’s claims for the third time this year while the U.S. on Thursday barred China Mobile Ltd. from the U.S. market citing espionage concerns.




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