Trade tensions have also cast a shadow on the airline industry. Airlines have slashed their profit outlook for the year.
In the latest round of Chinese tariffs against 106 American products, the focus is on the lucrative US exports of soybeans, planes and cars. But why has China targeted these products and which US states will suffer most?
US President Donald Trump's tariffs on steel and aluminum appear sudden and defensive, but they're part of the complex nature of world trade. DW looks at the main trade disputes dominating the headlines recently.
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