Wednesday 8 May 2019

USA CHINA TRADE WAR


USA CHINA TRADE WAR

USA China trade war has becoming a problem for the entire word 

IMF CEO says that the fight between in China and USA A trade war war for All the Nations

It was again proved by the statistics which was displayed last Wednesday about China's trade
China's export decrease by 2.7 % to that of last year

China's import has increased by 4% to that of last year

That's why why China's deficient increased to 13.84 Arab dollar


because of USA and China trade war Chinese economy is under tremendous pressure

This year GDP growth rate for the China could be less than expected it can be decreased by 6.2 percent


Donald Trump says we are going to increase import duty from 10 % to 25% for Chinese goods so which will get a problem for GDP growth rate for China


Decrease in the growth rate of China is become problem for the all the nation it is because of  China US trade war

Us is saying because of Chinese government not following rules and regulation US is facing loss of $500 Arab dollar

the goods imported from China of value $200 will have increased import duty from next Friday drum said

There is serious negotiations between the US and China regarding trade war but Trump has given signal that he is not ready to compromise
Us and China is also trying to solve the trade war issue but both facing problem both are facing tension and because of them other nations are also suffering from recession

there is volatility at global level in all the commodity prices all the other material prices

IMF chief is saying that it is dangerous situation and it is dangerous situation for the entire world economy



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