US 'opens fire' on China: What will be the fallout for the global economy?
The Trump organization's duties on 34 billion US dollars of Chinese imports became effective at 12:01 a.m. Eastern Standard Time on Friday, July 6. As per China's General Administration of Customs, China forced duties of a similar incentive on US products at a similar minute, which was 12:01 p.m. on Friday in Beijing. How awful would it be able to get at last? Furthermore, what will be the aftermath of the blow for blow exchange pressures for the worldwide economy? Prof. Zhang Jianping, executive general of the Center for Regional Cooperation at the Chinese Academy of International Trade and Economic Cooperation; David Mahon, overseeing chief of Mahon China Investment Management Ltd., and Rick Dunham, co-executive of the Global Business Program at Tsinghua University joined The Point.
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