Recent telephone communication between Russian President Vladimir Putin and US counterpart Donald Trump is increasing the chances of the war in Ukraine in the near future. At the same time, however, there is a new global dispute of a different nature. On February 1, United States President Donald Trump announced the imposition of 25% and 10% on Canada and Mexican products and 10% duties in China. These three countries are America’s largest commercial partners with the United States having a trade deficit with each of them. Just two days after declaring his tariff war, Trump took a step back. After talks, it was decided to delay the imposition of tariffs for 30 days on his two neighboring countries. However, Trump’s duties against China came into force, with Beijing announced on February 10 a broad set of financial measures aimed at the United States. On the same day, in a repetition […]
Source: News Beast
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