#USChinaTensions US-China tensions are escalating into the biggest trade war in history, with significant economic implications for both rich and poor countries. The US has imposed tariffs on Chinese imports, reaching 125%, and introduced a universal 10% minimum tariff on all imports, sparking retaliatory actions from China.

*Key Issues:*

- *Trade Deficits*: The US argues that China's non-tariff barriers undermine American exports, while China counters that bilateral trade