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US imposes tariffs on Chinese products worth 34 billion dollars

  • A trade war between two biggest economies of the world is officially underway as the Trump administration has imposed tariffs on Chinese products worth 34 billion dollars. This move can escalate the trade war and also hurt the companies as well as consumers of both US and China. It is also going to hurt global trade and growth. There is no sign of backing from US President Trump's side.

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