what impact will the trade war between us china have on the world

This week in the special program of Sarkari Result Daily News Network, we wanted to know from Brigadier Mr. DS Tripathi ji (retired) that how would the tariff war affect the world? In response, he said that on 1 February, US President Donald Trump had announced that his government would impose tariffs on China, Canada and Mexico. He said that the tariffs were going to be effective from midnight of 4 February. He said that the governments of both Canada and Mexico gained at least one temporary relief that the Trump administration agreed to prohibit the implementation of tariffs for 30 days on 3 February. He said that it is believed that Trump’s China Tariff is only a bargaining trick, which aims to take advantage to reach a final agreement.

Brigadier Mr. DS Tripathi ji (retired) said that soon after the announcement of the tariff, a spokesman of the Chinese Foreign Ministry had said that China strongly condemns the move and opposed it and is required to protect its valid rights and interests Will take back steps. He said that China had said that there was no winner of trade and tariff wars. He said that even though there is no winner in this game, China is committed to not give up. As soon as the American tariff came into force, Beijing responded with his own measures. He said that China does not import many of its energy needs from America. He said that in addition to implementing its own tariffs, China also announced that it was fileing a case against the US in the World Trade Organization (WTO).

Brigadier Mr. DS Tripathi ji (retired) said that China is showing a new desire to implement the restrictions on American companies in a real way instead of a completely symbolic. He said that Beijing’s recent efforts to take advantage of their dominance in major markets such as drones and important minerals, showing the increasing desire to make supply chains weapons and to impose economic costs on targeted institutions. He said that the situation may change after Trump’s meeting with Chinese President Xi Jinping, but it is believed that Jinping does not want to meet the US President right now.