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International Business Times
International Business Times
Business

Trump Tariffs Offer Opportunity For China

US President Donald Trump and Chinese President Xi Jinping, both seen in 2025 (Credit: AFP)

In unleashing global tariffs, President Donald Trump has vowed to remake the world to benefit US workers. One beneficiary could be the country he sees as the primary adversary -- China.

Asia's largest economy promptly slapped identical tariffs on the United States and said it would impose export controls on rare earth elements vital in consumer and medical technology.

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