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The impact of Beijing’s new round of import duties on the US products

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The global markets were hit by the latest development where China imposed a new round of tariffs of 25 percent on US products worth $60 bn. Beijing was warned by Trump of the escalating trade conflicts and its aftereffects, but in the state of tit-for-tat battle, it announced the new import duties on 2,500 products, which includes consumer goods, food items, machinery and chemicals. The..
Date Published: May 22, 2019
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