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Trade war

Trade war opens commodity floodgates

Tariffs and China slowdown combine to shrink demand

Growth in Chinese demand for steel is flagging as consumers buy fewer cars and appliances.   © Kyodo

TOKYO -- The U.S.-China trade war is adding to excess supply for products from steel to soybeans, with export-discouraging tariffs in the U.S. and weakened equipment investment in China causing stockpiles to build up and prices to deflate.

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