Bangladesh, June 24 -- Analysts have started questioning as to who is losing out because of the US-China trade war. It has been escalating in the recent weeks, with both countries announcing or threatening new tariffs on each other's goods.
This ball game started on July 06, 2018, with both countries announcing tariffs at 10 per cent on products valued at US$ 34 billion being traded between the two countries. On August 23, 2018 another US$ 16 billion of products came within this paradigm. Subsequently, there was a steep rise on September 17, 2018 with the US announcing that 10 per cent tariff would apply on US$ 200 billion of Chinese products. China took a similar measure on September 24, 2018 with regard to US products entering China valu...