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Trade war

Trump approves $50bn China tariffs, escalating trade war

Decision comes after Beijing urges 'wise choice'

U.S. President Donald Trump's approval of new tariffs on Chinese imports has further raised tensions with Beijing.   © Reuters

U.S. President Donald Trump approved tariffs on about $50 billion worth of goods from China, various U.S. media reported on Friday, in a move expected to further escalate trade tensions between the two countries.

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