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Possible new U.S. tariffs on Chinese goods not 'cataclysmic': Commerce Secretary

August 2, 2018 by  
Filed under News

New tariffs that the United States is threatening to impose on nearly half the goods imported from China would have a small impact on the Asian nation’s economy and not lead to disaster, Commerce Secretary Wilbur Ross said on Thursday, as U.S. financial markets were set to open lower on the trade standoff.


Source: Reuters Business News

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