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China Hits Back on Tariffs Creating Trade War Concerns

In response to a 10% U.S. tariff on all Chinese imports implemented on Tuesday, China announced retaliatory tariffs. These include a 15% tariff on U.S. corn, wheat cotton and chicken. China also placed a 10% tariff on importing soybeans, sorghum, pork, beef aquatic products, vegetables, fruits and dairy.
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