China accused the US of provoking trade disputes and engaging in naked economic terrorism
01, Jun 2019
Prelims level :
Mains level :
- China accused the US of provoking trade disputes and engaging in naked economic terrorism, economic chauvinism, and economic bullying. The Country also said that they oppose a trade war but are not afraid of a trade war.
- The statements come as the US raised tariffs on $200 billion of Chinese goods, following which China retaliated.
- The comments came after financial markets around the world suffered when Beijing signalled a readiness to strike back at Washington in their escalating trade war by restricting exports of