lunes, 17 de junio de 2019

US-China trade war takes center stage

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US-China trade war takes center stage
The US. Trade Representative's office is set to hold public hearings Monday that will focus on the new round of 25 percent tariffs the Trump administration plans to slap on $300 billion in imported Chinese items not already hit with levies, including toys, shirts, household goods and sneakers. President Trump has already imposed 25 percent tariffs on $250 billion of goods from China and has said a new round of tariffs are needed to force the nation to end unfair trade practices. Meanwhile, more than 600 companies and trade associations, including Walmart and Target, have signed a letter telling the president that an escalating trade war with China will hurt families, jobs and the U.S. economy.


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