Caixin
Jul 06, 2018 01:18 PM
ECONOMY

Update: Sino-U.S. Trade War Begins

Photo: VCG
Photo: VCG

*New U.S. tariffs on Chinese goods in sectors including aerospace, information technology and automobiles were immediately met by retaliatory levies

*While the impact on the world’s largest two economies will be modest, targeted industries could be seriously disrupted due to the highly specialized nature of global supply chains, analysts said

(Beijing) — The threat of a trade war has become a reality.

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