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The US has hit China with its largest round of tariffs yet in an escalating trade war, as planned talks between the two nations have reportedly been cancelled. The Chinese government accused Donald Trump’s administration of "trade bullying practices" and "intimidating other countries through economic measures" after the US levied tariffs of 10 per cent on $200bn of Chinese products. The latest round of tariffs arrived after $50bn worth were previously applied by both China and the US on each other’s products.
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