Source: International Business Times
Beijing and Washington are locked in a fast-moving, high-stakes game of brinkmanship since Trump launched a global tariff assault that has particularly targeted Chinese imports AFP China is expected to post first-quarter growth of around five percent on Wednesday, buoyed by exporters rushing to stave off higher US tariffs but still weighed by sluggish domestic consumption, analysts say. Beijing and Washington are locked in a fast-moving, high-stakes game of brinkmanship since US President Donald Trump launched a global tariff assault that has particularly targeted Chinese imports. Tit-for-tat exchanges have seen US levies imposed on China rise to 145 percent, and Beijing setting a retaliatory 125 percent toll on US imports.
