Home Current Affair March 2018 Loss of 20 Million Jobs to America From Trade Deficit with China

Loss of 20 Million Jobs to America From Trade Deficit with China


Defending President Donald Trump's decision against China's 'inappropriate' business practice, the President's Office said that the trade deficit with China is estimated to damage nearly 20 million jobs to the US. The Trump Government has imposed a fine of $ 60 billion on imports to punish him for improper possession of American intellectual property rights. As a result, there is a possibility of further worsening tension in full trade relations between the two largest economies of the world.

Published On : 24 Mar 2018

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