US-China Tension
Time changed, people's life changed. Change hobbies, change the ways of living, but if nothing has changed, it is the love of people towards films. Even though people have shifted to OTT platforms like Netflix and Amazon Prime in today's era, but some films are such that it gives real fun to watch on the big screen. The recently released South Superstar Allu Arjun's film 'Pushpa-2' is the latest example of this. The famous dialogue of this film 'Main Jhoomi Nahi' was covered worldwide. Some similar situation is being seen in the ongoing trade war between the US and China at this time.
The world's biggest strength has increased the tariff on China to 145 percent. This was followed by a stir in the US stock market. On Thursday, all three big stock markets of America saw a huge decline.
While the US is continuously increasing the tariff to put pressure on China, China is also standing firmly. While the US brings the rest of the countries under its pressure, it was not running in front of China. Let's know what is it with China that it is not ready to bow down to America.
China is the largest exporting country in the world. A large part of its economic structure depends on exports. Still he is not bowing before America. According to experts, the Chinese government can also handle its people under economic pressure, while it is more difficult for the US.
This is not the first time the US has increased tariffs on China. The Trump government did the same in 2018. China had reduced its American dependence from that time.
China has reduced the US from 22% to 17% from its export. Now he is increasing his business towards other countries.
China is now trying to increase its trade with BRICS countries to compensate for the damage caused by the US.
The price of China's currency yuan has declined. With this, China can export more goods at low prices. This will increase the demand for its products.
According to experts, China was preparing for a trade war with the US for the last 3-6 years. He has spread his supply chain to Asia and other countries. Because of this, he is firmly competing with the tariff policy of America.
Copyright © 2025 Top Indian News