China accuses US of ‘naked economic terrorism’
A Ted Baker brand men’s shirt labelled “Made in Vietnam”, in a factory in Hanoi. From socks and sneakers to washing machines and watches, countries across Asia are hoping the US tariff squeeze on China will presage a permanent shift in manufacturing patterns as big name brands dodge the trade war in cheaper locations to make their goods. – AFP pic, May 30, 2019.
CHINA accused the United States of “naked economic terrorism” earlier today as Beijing ramped up the rhetoric in their trade war. The world’s top two economies are at loggerheads, as trade talks have apparently stalled, with US President Donald Trump hiking tariffs on Chinese goods earlier this month and blacklisting telecom giant Huawei.
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