US secretary of state warns economic or military conflict with China would be catastrophic
US Secretary of State Marco Rubio told Fox News that any economic or military conflict between the US and China would have disastrous consequences.
Key Takeaways
AIUS Secretary of State Marco Rubio told Fox News that any economic or military conflict between the United States and China would be catastrophic.
His remarks came after China announced that the United States had pledged to cap alternative tariffs on Chinese goods at 20%.
According to Asharq Bloomberg, the US commitment sets a maximum limit on any further tariff increases after President Donald Trump imposed new duties.
The issue of high tariffs that President Donald Trump wants to impose on China has become a point of contention between Beijing and Washington, amid warnings that escalating the dispute could lead to an economic conflict affecting both countries.
