China Says Retaliation Against Trump May Not Be Limited To Tariffs:Yen Weakens As Trade War Continues

China stated today that America’s move to delay levies on Chinese goods was not enough to avoid retaliation.

The dispute between the two countries has seen economies decline and GDP forecasts slashed by almost half.

Countries such as Germany and Singapore are just some of the countries that have been affected by the trade war and their economies affected greatly.

China’s economy is at its slowest growth in 27 years inspite of being in talks with president Trump.It doesn’t want new tariffs to be imposed.

 

Leave a Reply

Your email address will not be published. Required fields are marked *