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BREAKING : China Hits Back at U.S. With Tariffs on $50 Billion of Goods

BREAKING : China Hits Back at U.S. With Tariffs on $50 Billion of Goods

China swiftly retaliated against the Trump administration's latest proposed penalties on Chinese goods, announcing 25% tariffs on critical American exports, including soybeans, airplanes and autos.

The tariffs will cover 106 categories of products and affect $50 billion of U.S. products. The tariff rate and the sum of goods targeted match the Trump administration proposal.

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