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China urges U.S. away from 'brink' as Trump picks trade weapons

China urges U.S. away from 'brink' as Trump picks trade weapons

BEIJING/SHANGHAI (March 23): China urged the United States on Friday to "pull back from the brink" as President Donald Trump's plans for tariffs on up to US$60 billion in Chinese goods, moved the world's two largest economies closer to a trade war.

The escalating tensions between Beijing and Washington sent shivers through financial markets, as investors foresaw dire consequences for the global economy if trade barriers start going up.

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