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White House reboots China trade war with tariffs announcement

May 30 , 2018

The Trump administration said it would proceed with tariffs on $50bn in Chinese imports and broader investment restrictions, rebooting a trade war with Beijing that it claimed was “on hold” less than two weeks ago.

The new tariffs, to be formally unveiled in two weeks, are intended to punish Beijing for what President Donald Trump has argued is a systematic campaign by China to steal US technology.


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