Source: International Business Times
China's export-driven economy is particularly sensitive to vicissitudes in international trade AFP US President Donald Trump has slapped punishing new tariffs on imports of Chinese goods, deepening a trade war between the world's two largest economies. Beijing has vowed countermeasures in response and warned the new tariffs will cripple global supply chains -- and Washington's own interests. AFP looks at how so-called "liberation day" tariffs -- which bring levies on Chinese goods to 54 percent -- will hit China:China's export-driven economy is particularly sensitive to vicissitudes in international trade.
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