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Trump’s trade approach under attack as China retaliates on tariffs; markets open with big sell-off

Posted on AllSides May 13th, 2019
From The Left

Beijing announces steep tariffs on $60 billion in U.S. goods in response to White House action.

Beijing announces retaliatory tariffs on $60 billion in U.S. goods: “China will never succumb to foreign pressure,” says Foreign Ministry spokesman.

Dow plunges more than 500 points at market open as investors price fallout of trade tensions.

In tweets Monday morning, President Trump insists his tariffs on $200 billion in Chinese imports won’t hurt American consumers, contradicting recent comments from National Economic Council Director Larry Kudlow.

President Trump’s efforts to calm investors while he...

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