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China Takes a Backward Step as It Braces for the Impact of Trump's Trade War

Sep 27 , 2018

China on Wednesday took a major backward step in its trade war with the US, announcing it would cut import tariffs on numerous non-American goods.

The cuts, most likely designed to protect Chinese consumers against the escalating conflict with the Trump administration, go into effect on November 1.

Products affected by the cuts include electrical equipment, machinery, and textiles, the Chinese state cabinet said.

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