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Trade war escalates as China hits back with 34% tariffs on all U.S. goods

Analysts say the escalating trade tensions between the U.S and China will make a near-term deal to end the trade war "highly unlikely".
The U.S. and China are engaged in an escalating trade war again.

Analysts say the escalating trade tensions between the U.S and China will make a near-term deal to end the trade war "highly unlikely".

(Image credit: Frederic J. Brown)

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