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China Said To Ponder Declining Steve Mnuchin’s Request For Trade Talks
On Saturday, the Washington Post confirmed what Bloomberg confirmed on Friday and what Donald Trump himself confirmed in a Thursday tweet. Namely that the U.S. is moving ahead with tariffs on an additional $200 billion in Chinese goods.
This will mark the most serious escalation yet in the trade dispute between Washington and Beijing and it also raises the specter that Trump's protectionism will finally start to manifest itself in higher prices for consumer goods in the U.S.
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