As Trump escalates trade war, US and China move further apart with no end in sight | World News, The Indian Express

As Trump escalates trade war, US and China move further apart with no end in sight | World News, The Indian Express

By New York Times |Washington |Published: September 2, 2019 1:51:30 pm

As Trump escalates trade war, US and China move further apart with no end in sight

US President Donald Trump’s trade war with China entered new territory on Sunday as his next round of tariffs took effect, changing the rules of trade in ways that have no recent historic precedent and driving the world’s two largest economies further apart.

Hasbro toys at a Target store in Manhattan, August 14, 2019. The toymaker Hasbro is among the companies that have said they will shift their supply chains to emerging manufacturing hubs in Vietnam, India, and elsewhere. (Jeenah Moon/The New York Times)

Written by Ana Swanson