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Chinese and US officials held a fresh round of talks in Stockholm on July 28 [AFP]
The United States is set to raise tariffs on dozens of trading partners Friday if they fail to reach accords with President Donald Trump to avert the higher rates, and this risks raising prices for consumers.
Economists have warned that steeper US tariffs, paid for by importers of foreign products, could add to business costs and trickle down to households.
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