From the South China Morning Post (SCMP)
China has promised to retaliate to the latest US tariffs, but warned that the escalating confrontation risks “destroying” trade between the two sides.
The US Trade Representative Office said on Tuesday that it was starting a process to levy 10 per cent of tariffs on US$200 billion worth of Chinese products.
The final list – covering a wide range of products including refrigerators, furniture and even antiques – will be announced after public hearings in late August.
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