Trade war : China and US !!!

in #china5 years ago

Two biggest economy of the world, China and US, the two countries which virtually control the whole world economy, now engaged in an indirect war.

Already due to corona the whole economy is in risk. Addition to that the bitter relationship between US and China is really concern of insecurity.

Both the countries are imposing more and more taxes on millions of goods of one another.
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Every time from is accusing China for theft of the intellectual properties. After the speed of corona from Wuhan, top is directly targeting China and the scenario is is actually predicting a war Son or latter in future.

The imported goods are much cheaper in US, but after the implementation of higher taxes the things are become in costlier compared to the goods of local market of US.

So this way the Americans odd inclining towards the the domestic product and China is losing the market.

Even the China Government is also doing the same way, so far there is imbalance in the import export market.

So this this is actually going to create a big problem in very soon, not only for China or us but for the entire globe.

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you used the #peakd topic-tag and i came in to see talk about peakd... but never once talked about it. #disappointed

Still a great post... just mis-tagged.