China Not Backing Down After Latest US Tariff Threat

In the wake of President Donald Trump’s latest threat to impose yet another round of hefty tariffs on Chinese goods to counter the nation’s intellectual property regime, Beijing dug in its heels on Friday by saying it will immediately retaliate yet again if the U.S. proposes new levies.

The Office of the U.S. Trade Representative has already published a list of 1,300 goods covering about $50 billion in trade that it is considering hitting with tariffs to punish China for its forced technology transfer rules and...

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