Trump’s trade war: what is it and which products are affected?

US and China impose tit-for-tat tariffs as fears grow over damage to global economy

The trade war between the US and other major economies escalated on Friday after Washington and Beijing launched punitive import tariffs on $34bn (£25.7bn) worth of each other’s goods.

While economists say the consequences of a spat between the world’s two largest economies can be contained for now, there are fears that Donald Trump’s stance on trade could cause serious damage to the global economy.

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from US news | The Guardian https://ift.tt/2KBxEw6