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US President Donald Trump on Friday accused China of overreacting after Beijing announced an additional 34 per cent tariff on all American goods, escalating a trade standoff between the world’s two largest economies. The Chinese tariffs will take effect on April 10.
“China played it wrong, they panicked – the one thing they cannot afford to do,” Trump said, responding to Beijing’s decision, which came just days after he imposed a similar 34 per cent tariff on Chinese imports as part of his “Liberation Day” agenda.
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