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Hello and welcome to World Business Report from the BBC World Service.
Namaste.
I'm Devi Nagopta in Delhi.
And on this edition, things just got real in the US-China trade fight.
We take you through all the ups and downs of this week.
We visit China's manufacturing hub and ask, can they really move production to the US?
It would take hundreds of millions of dollars of factory investment, the training of a workforce that does not exist.
It would take an enormous amount of time.
Also,
we hear from an American soybean farmer about how these shifting trade rules are hitting his bottom line and what he's doing to survive.
But first, let's start with what a week it's been, because over a week now,
since US President Donald Trump announced widespread import tariffs on many of the world's economies.
Since then, things have been moving rather quickly on a daily basis.
And today is no exception.
China has played its latest hand by upping tariffs on US imports to 125 percent.
Now, this after President Trump increased Washington's levies on China to 145 percent.
So trade tensions between these two superpowers have intensified swiftly.
And if you're trying to catch up, I know it's a lot.
So here's a recap of the week so far.