Tariff war pressures U.S. economy, from tech to beef

Walmart, Apple, HP and more seen adjusting plans as duties soar

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In past years, the U.S. exported more beef to China than to any other country. © Reuters

RYOHEI YASOSHIMA and KENJI ASADA

WASHINGTON/NEW YORK -- Tit-for-tat tariffs by the U.S. and China are expected to deal a heavy blow to American businesses and consumers, from threatening their access to rare-earth elements used in high-tech products to squeezing exports of American beef.

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