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Trade war

China says it will sanction US firms in Taiwan warplane sale

Beijing urges Washington to 'immediately back away'

BEIJING (AP) -- China said Wednesday that it will levy sanctions against U.S. companies linked to a planned $8 billion sale of advanced F-16V fighter jets to Taiwan in a move that has further strained Sino-American relations.

The U.S. should "immediately back away" from the arms sale proposal, Chinese foreign ministry spokesman Geng Shuang said at a daily briefing.

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