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China strikes us with a new reprisal rate at 125% while the trade war heats up


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China has slapped the United States with a new price, increasing the 125%American product tax. It occurs after the White House increased tariffs on China to 145%. Chinese President Xi Jinping responded to President Donald Trump for the first time saying that this did not fear economic suppression, but “there are no winners in a tariff war”. Peter Alexander of NBC reports today.



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