China retaliates with tariffs on US goods worth $75 Billion
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China stated that the country would impose an addition 10% tariffs on USD 75 billion worth of exports in retaliation to United States President Donald Trump's threat to impose new tariffs on USD 300 billion worth of Chinese imports as the trade war continues to intensify between the two top economies. The two nations have hit each other with punitive tariffs covering billions of dollars in two-way trade.