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US hikes tariffs on Chinese goods, China says to strike back

US-China trade war
US President Donald Trump. (Photo, Courtesy)

US President Donald Trump’s tariff increase to 25 per cent on over Sh20 trillion (USD200 billion) worth of Chinese goods took effect on Friday, and Beijing said it would strike back, ratcheting up tensions as the two sides pursue last-ditch talks to try salvaging a trade deal.

China’s Commerce Ministry said it “deeply regrets” the U.S. decision, adding that it would take necessary countermeasures, without elaborating.

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