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The U.S.-China Trade Relationship: A Dispute in Five Charts

Bloomberg business news
Trump Tariffs Spark Trade War With China

The world’s two biggest economies have each fired their first shots in what China called “the largest trade war in economic history.” Higher tariffs on $34 billion of both nation’s goods began Friday, with levies on another $16 billion likely to be unveiled in a few weeks.

Escalation in the conflict seems inevitable, with President Donald Trump threatening to impose punitive levies on hundreds of billions more of Chinese exports.