China Escalates US Trade Fight With Curbs on Shipping

China has escalated its trade dispute with the United States by imposing sanctions on the US units of a South Korean shipping company. This move is the latest in a series of retaliatory actions between Beijing and Washington as they jockey for leverage ahead of anticipated trade negotiations. The sanctions target the US operations of the shipping giant, reflecting China's willingness to use economic means to pressurize the US. Beijing has also threatened additional retaliatory measures against the shipping industry, signaling its determination to respond to US actions. The escalating trade tensions between the world's two largest economies continue to create uncertainty and raise concerns about the potential impact on global trade and economic stability. As both sides maneuver for advantage, the outcome of the anticipated trade talks remains uncertain, with the potential for further escalation or a negotiated settlement.