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US tariffs take effect amid China's threats

US China Trade standoff
Several ship to shore cranes stack shipping containers on-board the container ship Maersk Semarang (19/06/2018) at the Port of Savannah in Savannah, Ga. Source: AP

United States tariffs on $45-billion ((AU$)) of Chinese imports have come into effect, with the Chinese government saying it will retaliate with punitive measures. The world's top two economies look like they could be headed towards an outright trade war.


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United States tariffs on $45-billion ((AU$)) of Chinese imports have come into effect, with the Chinese government saying it will retaliate with punitive measures. The world's top two economies look like they could be headed towards an outright trade war.



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