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The US and China’s Tit-For-Tat Tariffs are ratcheting up economic tensions between the two nations.
They were blessed as a restrained response to Donald Trump’s Tariffs Against China.
Beijing’s retaliatory duties on nearly $ 14bn in United States Imorts have come into effect.
That’s after Donald Trump recently fired the opening salvo in a trade dispute.
Trump has slapped an additional 10 percent tariff on hundreds of billions or dollars or Chinese imports.
But, despite the tit-for-the-tat measures, tensions between the world’s two largest Economies appeared to be restrained-for now-leaving room for negotiations.
Trump wants to shut down the United States Agency for International Development, (USAID) The US’s Main Foreign Aid Agency.
And he’s halted aid to South Africa. Is Aid Being Weaponized?