Trade war inches closer as US-China tensions mount - Pakiatani Media News

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Thursday, 5 April 2018

Trade war inches closer as US-China tensions mount

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WASHINGTON: The escalating confrontation between Washington and Beijing inched closer to all-out trade war on Wednesday after China threatened retaliation against key US exports. Beijing unveiled plans for painful import duties targeting politically-sensitive US exports, including soybeans, aircraft and autos, to retaliate against looming US tariffs on more than 1,000 Chinese goods. Wall Street opened...

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