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Beijing retaliates against Washington’s new tariffs with serious countermeasures

Summary by Financial World
Economic relations between China and the United States entered a new phase of tension after Beijing reacted strongly to Washington's decision to impose additional tariffs of ten percent on Chinese exports. The Chinese authorities did not remain passive and immediately took appropriate measures, including investigations against major US companies, increased tariffs on US products and stricter restrictions on the export of key raw materials. Trade…

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afnn.us broke the news in on Wednesday, February 5, 2025.
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