The prospect of a damaging economic confrontation between the world's two largest economies has loomed in recent weeks, as the Trump administration threatened China with steep tariffs and China promised to retaliate with
similar trade measures.
Not exact matches
Administration officials are weighing whether to invoke national security considerations to combat rising Chinese steel and aluminum imports more broadly, a move that
trade analysts fear could trigger a wave of
similar measures by U.S.
trading partners.
Average
trade size as
measured by both market value and par value per
trade has been
similar in both indices.
This stated that
measures which would have net adverse economic impacts nationally or on Australia's
trade competitiveness would not be implemented in the absence of
similar action by major greenhouse gas producing nations.