China strikes back at U.S. as Trump tariff policy kicks in

Beijing to tax certain American imports 10%-15%; observers see room to de-escalate

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Shanghai's Yangshan Deep Water Port. The Chinese government has begun retaliating against U.S. President Donald Trump's tariff policy. © Reuters

STELLA YIFAN XIE

HONG KONG -- China on Tuesday slapped fresh tariffs on imports from the U.S., just as President Donald Trump's new 10% blanket levy on Chinese goods took effect.

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