US soybean farmers have already lost a lot in the trade war with China, but the new round of tariffs, analysts said, will likely add wide swathes of American industry and consumers as well. Photo: AP

With latest trade war pressures, both US and China economies may start to see cracks

  • New round of tariff increases suggests both sides face growing domestic concerns and a shrinking ability to compromise
  • ‘Both think they have the upper hand, which doesn’t bode well for an agreement,’ one analyst says
Topic |   US-China trade war

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US soybean farmers have already lost a lot in the trade war with China, but the new round of tariffs, analysts said, will likely add wide swathes of American industry and consumers as well. Photo: AP
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