China has criticized the US for its new tariffs, calling it “unilateralism, protectionism and economic bullying“. The tariffs have sparked a trade war between the two countries, with China responding with its own tariffs on US goods.
The dispute has had a significant impact on global markets, with rare earth elements and agricultural products being affected. The US and China are expected to discuss the issue at upcoming international forums, but a swift resolution is unlikely due to the entrenched positions of both governments.