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Economy

China promises fast response as Trump readies tariffs

Updated : June 15, 2018 02:54 PM IST

Washington and Beijing appeared increasingly to be headed toward a trade war after several rounds of negotiations failed to resolve US complaints over Chinese industrial policy, market access and a $375 billion trade gap.
Trump was due to give details later on Friday of a revised list of 800 product categories, down from 1,300, according to an administration official and an industry source familiar with the list.
China promises fast response as Trump readies tariffs

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