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International Business Times
International Business Times
Business

How Trump's 'Liberation Day' Tariffs Will Impact China

China's export-driven economy is particularly sensitive to vicissitudes in international trade (Credit: AFP)

US President Donald Trump has slapped punishing new tariffs on imports of Chinese goods, deepening a trade war between the world's two largest economies.

Beijing has vowed countermeasures in response and warned the new tariffs will cripple global supply chains -- and Washington's own interests.

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