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Trade war

US reveals tariffs on $300bn of Chinese goods, including phones

Asian tech companies prepare to initiate contingency plans

The proposed list of new tariffs targets more than 3,800 items including smartphones and laptop computers, which had until now been excluded from the tariff war.

WASHINGTON/TAIPEI -- The Office of the U.S. Trade Representative on Monday announced it will begin formal procedures to impose a fourth round of tariffs against China, a 25% levy on about 3,800 items, including $43.2 billion worth of smartphones and $37.5 billion worth of laptop computers.

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