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Trade war

US companies say price hike inevitable at China tariff hearing

From toys to clothes, American manufacturers warn of widespread impact

Ralph Lauren says an additional round of tariffs on Chinese imports would impact the availability and prices of its products.   © Reuters

WASHINGTON/NEW YORK -- A proposed new round of tariffs on more Chinese goods as part of U.S. President Donald Trump's trade war with Beijing will immediately lead to higher prices for his country's consumers, American companies told a public hearing Monday.

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