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The U.S. – China “Mud fight”

Share markets around the world have been extremely volatile these past months especially in the last quarter amidst fears of a trade war between the Chinese and U.S.. The U.S. has been accusing China of unfair trade practices. To that end, President Trump signed a memorandum applying tariffs on some Chinese products. The Chinese have responded with sanctions on some American products. What’s does this mean? According to the U.S Department of Commerce, in 2017 alone, the U.S. imported about $505B worth of Chinese products against exporting about $130B worth of American goods to China. This creates a trade deficit of $375B against the U.S.. Some of the goods imported into the U.S. are, electro

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