Gap Fill - Trade War - Level 2


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   because      billion      exchange      experts      further      happy      imbalance      imports      impossible      more      reply      researcher      services      tax      this      trade      ugly      war      workers      worried  
A trade may break out between the USA and China. Stock markets in Asia fell on Friday investors are . U.S. President Donald Trump plans to hit Chinese companies with tariffs. A tariff is a on goods and coming in from other countries. President Trump said he would issue tariffs on up to $60 billion of Chinese . China said it would issue its own tariffs in . Tokyo's Nikkei share index fell by than 4 per cent on Friday. Markets in Shanghai and Seoul fell by 3 per cent. There was also a fall on New York's Wall Street stock .

World trade are worried that the tariffs could start a global trade war. A said: "If the tariffs go ahead...China will retaliate. It is to imagine that they cannot. And then we expect the U.S. to retaliate . This can turn on a global scale very quickly." President Trump wants to protect U.S. and companies. He is not with the trade with China. The USA buys $385 billion more goods from China than China buys from the USA. Trump wants to reduce imbalance by $100 with his tariffs.

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