Most countries are breathing a sigh of relief after U.S. President Donald Trump suspended his “Liberation Day” tariffs, but China instead got hit with a heavier tariff. Redmond Shannon reports on how the world’s two largest economies are locked in a tit-for-tat trade war, and how the consequences are unpredictable.
- Trade war ramps up as China retaliates by raising tariffs on U.S. imports
- U.S. inflation fell slightly last month, but experts warn of price rise ahead