Ramped-Up US-China Trade War Saga
Trump Alleges China's Breach of Trade Pact, Warns of Resumed Duties
May 30, 2025, ex-Prez Donald Trump hurled accusations at China, crying foul over their supposed violation of a fresh trade pact between the two powers. The agreement, brokered on May 12, aimed to soothe the raging trade battle by momentarily slashing tariffs. The U.S. lowered tariffs on Chinese goods from 145% to 30%, while China cut its tariffs on US goods from 125% to 10%.
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- The recent escalation in the US-China trade war, sparked by allegations of trade pact violations by China, is causing turbulence in global markets and economic policy-and-legislation discussions within politics.
- The general news is rife with coverage of the US-China trade war, and its potential impacts on trade, markets, and war-and-conflicts are a subject of keen interest.
- The tension between the United States and China is also having repercussions in the realm of crime-and-justice, as some claim that such disputes can lead to increased cybercrimes and commercial fraud.
- As the US-China trade war continues, policymakers are closely monitoring the situation, seeking to mitigate its effects on the economy and the broader political landscape, while the media continues to report on the latest developments in this ongoing saga.
