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June 20, 2018

Next move is Trump’s after China hits back in trade-war opener

China’s in-kind response to U.S. President Donald Trump’s announcement of tariffs on $50 billion of imports from the nation left the global economy on the verge of a trade war. Two detailed lists of products on which tariffs will be collected starting July 6 now form the core of the conflict between the world’s two largest economies: One released Friday aimed at curbing China’s industrial advancement and the other aimed at hurting the commodity producers of the American heartland. Read more

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