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Beijing Urges End to US Tariffs, Citing Global Economic Shock Risk
Beijing Urges End to US Tariffs, Citing Global Economic Shock Risk
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China has responded swiftly to the significant increase in US tariffs, urging the immediate removal of customs duties. The tariff spike, which has risen from 10% to 145%, has abruptly increased pressure on Beijing. Fearing the potential effects of a major global economic shock, China does not intend to yield to the new American protectionist measures. This economic confrontation has escalated quickly, moving from a diplomatic spat to a full-blown trade war.
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