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US-China Trade Tensions Escalate with New Tariffs on Key Goods
US-China trade tensions escalate as both countries impose higher tariffs, affecting global trade and markets.
US-China trade tensions have intensified as both nations increased tariffs on key goods, including electronics and machinery. The US imposed additional tariffs on Chinese imports, while China retaliated with higher duties on US agricultural products. This escalation is expected to disrupt global supply chains and slow trade growth between the two largest economies. Markets have reacted cautiously, with stock indices showing slight declines amid growing geopolitical risks.