US President Donald Trump has announced $60 billion worth of tariffs on Chinese goods, and China has hit back with $3 billion worth of levy duties - 20 times lower than what the US has imposed. Are we on the brink of a trade war? And what’s next? DBS Bank Chief Economist Taimur Baig offers his analysis.

<p>US President Donald Trump has announced $60 billion worth of tariffs on Chinese goods, and China has hit back with $3 billion worth of levy duties - 20 times lower than what the US has imposed.&nbsp;Are we on the brink of a trade war? And what&rsquo;s next? DBS Bank Chief Economist Taimur Baig offers his analysis.</p>

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