{"id":28459,"date":"2018-10-24T12:31:34","date_gmt":"2018-10-24T07:01:34","guid":{"rendered":"https:\/\/blog.forumias.com\/?p=28459"},"modified":"2018-10-24T12:31:34","modified_gmt":"2018-10-24T07:01:34","slug":"no-one-wins","status":"publish","type":"post","link":"https:\/\/forumias.com\/blog\/no-one-wins\/","title":{"rendered":"No one wins"},"content":{"rendered":"

No one wins<\/a><\/p>\n

News:<\/u><\/strong><\/p>\n

    \n
  1. The U.S.-China ongoing trade war<\/li>\n<\/ol>\n

    Important facts:<\/u><\/strong><\/p>\n

    2. Both U.S. and China, implemented a tariff of Rs 25% on imports worth $34 billion.<\/p>\n

    3. Present trade war has the potential to cause some significant damage to the world economy.<\/p>\n

    4. In the beginning of this year, the U. S. President Donal Trump imposed tariff on imported solar panels and washing machines.<\/p>\n

    5. This results to possibly tax all Chinese imports into the U.S. , which previous year added up to a little over $500 billion.<\/p>\n

    6. China has responded by targeting American exports like Soyabean and automobiles.<\/p>\n

    7. This could cause job losses in America.<\/p>\n

    8. Other major U.S. trading partners such as European Union, Mexico, and Canada have also slapped retaliatory tariffs on various U.S. goods.<\/p>\n

    9. Impacts of trade wars in general:<\/u><\/strong><\/p>\n