Search
  • Stephen Fodor

China-US trade war: Beijing escalates tit-for-tat with Washington


December 1, 2020


(BBC) China has introduced tough new laws which restrict the export of "controlled items".


The rules primarily focus on the export of military technologies and other products that might harm China's national security.


The export controls are widely believed to be in response to similar actions by the US.

TikTok, Huawei and Tencent are among the casualties of Washington's Chinese technology crackdown.


There are concerns the new regulations, which came into effect on Tuesday, could escalate the ongoing trade war with the US.


Trade tensions between the world's two biggest economies began in 2018 but have ramped up this year.


To Read More: https://www.bbc.com/news/business-55132425


Please contact us for further information or questions – info@tradelogicintl.com

1 view0 comments
  • Twitter
  • LinkedIn
  • Facebook
  • YouTube
  • Instagram

need assistance from a licensed CUSTOMS broker?