Tit-for-Tat: US & China Trade Tensions Escalate

China retaliates against US shipping fees with matching charges on American ships, escalating trade tensions ahead of crucial talks between Presidents Trump and Xi. New port fees and tightened export rules on rare earth and lithium batteries signal a deepening trade war, potentially impacting global shipping and costing major companies billions. Hosted on Acast. See acast.com/privacy for more information.