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Trade war

US hikes tariffs on China products, intensifying trade war

Talks to continue but global economic fears grow as Beijing vows to retaliate

U.S. President Donald Trump, left, and Chinese President Xi Jinping (Nikkei montage/AP/Getty/Reuters)

WASHINGTON/BEIJING/TOKYO -- The U.S. slapped additional tariffs on Chinese goods on Friday even as the two sides agreed to keep talking, raising fears that the global economy will suffer.

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