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Trump Preparing to Escalate China Trade War with Steeper Tariffs

HeadlineAug 02, 2018

President Trump doubled down on his growing trade war with China on Wednesday, threatening to increase tariffs on a range of Chinese products from 10 percent to 25 percent. The tariffs would target some $200 billion of Chinese goods. Trump launched a tit-for-tat series of tariffs after talks with Beijing broke down in May, prompting what Chinese officials have called the “largest trade war in economic history.”

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