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Economy

Trump seeks to ease fears of trade fight with China

Updated : April 09, 2018 05:27 PM IST

The Trump administration has said it is taking action as a crackdown on China's theft of US intellectual property.
The US bought more than $500 billion in goods from China last year and now is planning or considering penalties on some $150 billion of those imports.
The US sold about $130 billion in goods to China in 2017 and faces a potentially devastating hit to its market there if China responds in kind.
Trump seeks to ease fears of trade fight with China
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