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Beijing to 'Fight Back at All Costs' Against New Trump Tariffs

U.S. President Donald Trump gestures while arriving for a discussion on tax reform at the White Sulphur Springs Civic Center in White Sulphur Springs, West Virginia, U.S., on Thursday, April 5, 2018. Photo: VCG
U.S. President Donald Trump gestures while arriving for a discussion on tax reform at the White Sulphur Springs Civic Center in White Sulphur Springs, West Virginia, U.S., on Thursday, April 5, 2018. Photo: VCG

U.S. President Donald Trump said he is considering a new round of tariffs on an additional $100 billion worth of Chinese imports, prompting Beijing to say it will “fight back at all costs,” highlighting escalating trade tensions between the world’s top two economies.

Trump said his move was in response to China’s announcement Wednesday that it will levy potential retaliatory tariffs on about $50 billion worth of U.S. goods, including aircraft and soybeans. Those taxes would take effect if the U.S. implements its own proposed tariffs, published in a document earlier in the week, targeting a similar value of Chinese goods.

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