The trade war between the U.S. and China has escalated to unprecedented levels, sending shockwaves through global markets. U.S. President #DonaldTrump’s threat of new 100% #tariffs on #Chinese imports has prompted China to announce countermeasures, further straining months of progress in bilateral trade talks. #Beijing warns Washington that high-tariff threats are not the right approach and insists it will take all necessary measures to protect its economic interests. Watch | The Times of India