Caught in the crossfire of trade tensions
THE trade tensions between the US and China - the world's largest and second-largest economies, respectively - are escalating.
US President Donald Trump last month accelerated the risk of a trade war by more than doubling planned tariffs to 25 per cent on US$200 billion in Chinese imports in a bid to nudge China to re-think its behaviour.
Chinese officials have retaliated. The two nations are likely be at loggerheads for months to come.
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