US and China headed for 'monumental' split, putting world economy on edge

A rapid escalation of tariffs is dismantling the long-standing trade relationship between the U.S. and China, endangering both economies and the global market. Increased levies on goods have been implemented by both countries, with China vowing to "fight to the end." This trade war is threatening to disrupt billions of dollars in goods, potentially leading to economic recession and global instability.