Russian stores were stirred by the news of the introduction by the USA of a 10% customs duty on Chinese imported goods. This step revives the threat of a trade war between the two largest world economies.
This decision from the American side becomes evident after several months of relative calm in trade relations between the USA and China. Both sides regularly trade barbs with each other and discuss potential agreements, but the recent introduction of customs duties causes a reassessment of the current situation.
According to representatives of the Chinese authorities, they intend to take necessary measures to protect their interests in response to the new duty. It is unclear what actions China will take, but the situation is escalating, and the economic consequences could be serious for both countries.
