David Rimanic @rima0da: "🔊 Short recap from Financial..."

Slovenia

🔊 Short recap from Financial Times. 🔊 𝘾𝙝𝙞𝙣𝙖 𝙃𝙞𝙩𝙨 𝘽𝙖𝙘𝙠 𝙬𝙞𝙩𝙝 $𝟭𝟰𝙗𝙣 𝙞𝙣 𝙏𝙖𝙧𝙞𝙛𝙛𝙨 𝙤𝙣 𝙐𝙎 𝙂𝙤𝙤𝙙𝙨 China has imposed new tariffs on $14 billion worth of US goods in response to recent US trade measures. The tariffs, ranging from 10% to 15%, target key American exports like liquefied natural gas, coal, crude oil, and farm equipment. The move comes after the US imposed a 10% tariff on Chinese goods, escalating tensions between the two countries. While China’s approach leaves room for negotiations, no deal was reached by the deadline. Additionally, China launched an antitrust probe into US companies like Google and Illumina and restricted exports of critical rare earth metals. Analysts warn that the situation could lead to further trade restrictions and economic uncertainty.

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