Emmanuel Macron warned that Europe risks getting divided by Donald Trump’s economic policy and being thrown into a simultaneous trade war with Washington and Beijing.The next US administration “will continue to protect the market very strongly,

In 2019, the situation escalated further. The Trump administration imposed additional 15 percent tariffs on another $120 billion worth of Chinese goods, which brought the total to around $370 billion. By this point, both countries had committed to a series of tariffs on a massive scale, with global supply chains under increasing strain.

China remains the largest export market for American farmers despite a decline in trade. Read more at straitstimes.com.

President-elect Donald Trump’s victory has stoked fears of a looming trade war with China. Australians have raised concerns as China is the country’s main trading partner. University of New South Wales Economics Professor Richard Holden has joined Sky News Australia to discuss the fears of a trade war.

China is ready to go head-to-head with President-elect Donald Trump’s tariffs as he prepares to take back the Oval. If Trump pushes for tariffs as high as 60% on Chinese goods, Beijing isn’t about to sit back.