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U.S., China: Trump's Tariff Tweets Escalate a Mammoth Trade War

Aug 1, 2019 | 22:03 GMT
Chinese President Xi Jinping shakes hands with U.S. President Donald Trump before a bilateral meeting during the G-20 Summit on June 29, 2019, in Osaka, Japan.

Chinese President Xi Jinping shakes hands with U.S. President Donald Trump before a bilateral meeting during the G-20 Summit on June 29, 2019, in Osaka, Japan. Trump tweeted on Aug. 1 that the United States plans to impose an additional 10 percent tariff starting Sept. 1 on $300 billion in Chinese exports.

(SHENG JIAPENG/China News Service/VCG via Getty Images)

Confident that the United States has enough domestic stability to handle Chinese retaliation, the White House is imposing an additional 10 percent tariff on $300 million in Chinese goods. But the president is playing with fire. ...

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