Effects of the US-China tariff escalation

Immediate fallout of tariff imposition is the wedge between the prices that producers receive and the prices that consumers pay in the importing countries


In the last one year, the US has imposed tariffs worth $250 billion on Chinese imports and China has retaliated by covering US imports worth $110 billion under higher tariffs.
Disclaimer: These are personal views of the writer. They do not necessarily reflect the opinion of or the Business Standard newspaper

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First Published: Jun 11 2019 | 8:34 PM IST

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