Answer:
After nearly a year of trade war between the United States and China, the conflict seemed to be coming to an end ... but it only got worse.
Late on Thursday night, the Trump administration more than doubled tariffs worth $ 200 billion, in a sharp escalation of hostilities.
Tariffs on Chinese goods rose from 10% to 25%, and Beijing vowed to retaliate.
The measure happened at the time that senior representatives of both countries tried to rescue an agreement in Washington.
What is a trade war, what are its weapons and who are its main victims
China vs. USA: How the "biggest trade war in history" that started this Friday can affect us all
But, according to Trump, China "broke the agreement" during the talks that sought to end the trade war between the two countries since July last year.
1. How has the United States trade deficit grown?
The United States, which accuses China of unfair trade practices, launched a trade war against China last year.
China vs. USA: How the "biggest trade war in history" that started this Friday can affect us all
Washington not only accuses Beijing of stealing the intellectual property of many American products, but also wants the Asian giant to make changes in its economic policies because it ensures that the current ones favor Chinese state companies through a system of subsidies.
The United States wants China to buy more American goods to curb its high $ 419 billion trade deficit with Beijing.
The trade deficit is the difference between the amount of products that the United States imports from other countries and the amount of products it exports to other countries. Bridging that gap is a key part of President Trump's trade policies.
2. What tariffs have been imposed so far?
The United States imposed tariffs on products worth a total of $ 250 billion last year. The Chinese government responded with tariffs on US products worth $ 110 billion.
At the beginning of this year, tariffs on Chinese products worth US $ 200 billion should have been raised from 10 to 25%, but finally that increase was delayed.
Explanation:
thats what the guy obove me said, but in english.
<u><em>btw if your reading this, plz stop answering in spanish, i know you know english and your just using a translator.</em></u>