Wednesday 19 December 2018
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Channel News Asia - 3 month ago

China to penalise US$60 billion of US imports but reduce amount of tariffs it collects

China will levy tariffs on about US$60 billion (45.60 billion pounds) worth of U.S. goods in retaliation for the latest round of U.S. tariffs on Chinese products, as previously planned, but has reduced the level of tariffs that it will collect on the products.

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