Will China and the US head into a full-blown trade war? | Counting the Cost

Will China and the US head into a full-blown trade war? | Counting the Cost

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Will China and the US head into a full-blown trade war? | Counting the Cost
They were seen as a restrained response to Donald Trump’s tariffs against China. Beijing’s retaliatory duties on nearly $14bn in United States imports 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 of dollars of Chinese imports. But, despite the tit-for-tat measures, tensions between the world’s two largest economies appear 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 weaponised? Subscribe to our channel http://bit.ly/AJSubscribe Follow us on Twitter https://twitter.com/AJEnglish Find us on Facebook https://www.facebook.com/aljazeera Check our website: http://www.aljazeera.com/ Download AJE Mobile App: https://aje.io/AJEMobile #tradewar #tradetariffs #donaldtrump #aljazeeraenglish #aljazeera #china #economy #trade #usaid #imports #southafrica