5 things you should know about the alleged trade war with China

China announces tariffs on certain US products

On the US side of the fence, Chinese sourced products that have been targeted by the new regulations are exactly the ones the Asian country relies on the most for its future growth: the high-tech industry.

The latest move on the trade war happened on Wednesday, April 4, when China proposed a fresh set of tariffs on dozens of American products, including soybeans, aircraft and cars.

"Dealers are fearful this will result in a full-blown trade war, and equities are feeling the pain".

But US President Donald Trump tweeted the US was not in a trade war with China.

"Export-oriented (especially to the US) stock markets (Korea, Taiwan) and sectors (Industrials, Autos, Tech) are most exposed".

August 2017: Trump started the second government investigation aimed at China.

Global trade tensions continue to escalate, with some fearing a trade war between the U.S. and China. In the case of computers and electronic equipment, for example, less than half the value added in Chinese exports comes from China.

"We hope that the USA side, with sense and long-term picture in mind, refrain from going further down the wrong path", the Chinese Embassy in the United States said in a statement on Wednesday. -China trade war yet, but economists are calling it the weigh-in before the big fight.

February 2018: The commerce department swung into action by proposing a range of tariffs on steel (24 per cent) and aluminium (7.7 per cent).

Julian Edelman takes action to prevent another potential school shooting
She also said that the National Football League star wanted to thank the person who sent him the direct message on Instagram. The Port Huron Police Department said the boy was directing his threat toward his middle school.

Frances Bea helps Chinese tech start-ups crack the USA market, and says American consumers will pay the price for Chinese goods being shut out.

American soybean farmers were already working on razor-thin profit margins before China imposed its retaliatory duties. It may be just a little sting, but we're anxious about what will happen if this is only the first round of a trade war. The Chinese response mirrors the USTR announcement in the level of tariffs to be imposed, at 25 percent.

First, China is a communist country with prosperity that is widespread across the country.

The U.S. and China have the world's biggest trading relationship.

The tit-for-tat action comes hours after Washington detailed about 1300 Chinese products it meant to hit with tariffs - also set at 25 percent. This followed an opening salvo of US penalties on steel and aluminum imports from overseas, including China, and Beijing's retaliatory taxes on $3 billion of USA products. These products included fruits, nuts, wine, recycled aluminium, pork, etc.

"By putting soybeans out there, China seems to be signalling that they're willing to take the hit in the shorter term in order to win this in the longer term".

The announcement of plans to impose retaliatory tariffs on American exports came after the U.S. published a list of about 1,300 Chinese exports worth United States dollars 50 billion that could be hit by USA tariffs because of Beijing's alleged theft of intellectual property and technology.

China has now raised import duties on a $3-billion list of products including USA pork and fruits as a response to a US tariff hike on steel and aluminum announced on March 23.

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