Trade war between China and America intensifies, discuss new agreement with 75 countries

International News: Business tension between the US and China is once again seen reaching the peak. US President Donald Trump's government has decided to impose heavy tariffs of up to 245 percent on several products imported from China. A fact sheet released by the White House gives information about the move.

American steps against China's trade policies

According to the White House, the move has been taken in response to China's recent trading policies, affecting the global supply chain. The US has alleged that China has stopped export of strategic materials, such as gallium, germanium, antimony, which are mainly used in defense, military technical and other high-technical industries. In addition, China has also banned exports of six rare heavy metals and earth magnets, which are important for the US automobile, semiconductor and aerospace industry.

America's claim - defensive step

The US says that this step is completely defensive and will only apply to countries that are not ready for business cooperation. The White House says that the US has discussed more than 75 countries for business agreements, which will not put up tariffs on those countries. However, America's attitude towards China will be strict, as China has constantly ignored American warnings.

Opposition to China

China has reacted sharply to the US move. According to Reuters, China has said that if the United States continues this "game" of tariffs, it will not pay attention to it and take necessary steps for its safety. China's response clearly makes the trade war between the two countries deepen now.

Stir in global markets

The impact of this latest trade dispute between the US and China is also visible on the global markets. Investors are worried and the stock market volatility is seen. It can have far -reaching effects on the global economy when the trade war is deeper.