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Opinion

Xi risks losing face in a trade war with Trump

Beijing must choose between a humiliating retreat and a dangerous economic conflict

| China
Conflict or concession - China's President Xi Jinping must decide on how to respond to US president Donald Trump.   © Reuters

With the imposition of 25% tariffs on $68 billion worth of their merchandise trade ($34 billion of exports each), the U.S. and China have fired the first salvos of their trade war.

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