China retaliates against Trump's $50bn in tariffs, escalating possibility of trade war

China has accused the United States of igniting a trade war, firing back against Donald Trump’s move to slap tariffs on tens of billions of dollars in Chinese imports. Trump announced a 25% tariff on $50bn of Chinese goods on Friday, prompting China to retaliate with a similar-sized set of levies, and calling on other countries to take “collective action” against the US.

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