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Trump threatens to hit China with new tariffs on US$200b in goods

Trump threatens to hit China with new tariffs on $200 bln in goods

WASHINGTON/BEIJING (June 18): US President Donald Trump threatened on Monday to impose a 10% tariff on US$200 billion of Chinese goods, prompting a swift warning from Beijing of retaliation, as the trade conflict between the world's two biggest economies quickly escalated.

In a statement, Trump said he had asked US Trade Representative Robert Lighthizer to identify the Chinese products to be subject to the new tariffs.

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