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China escalates trade war, hikes tariffs on $75 billion of American goods
The tariffs of 10 per cent and 5 per cent take effect on two batches of goods on September 1 and December 15, the official Xinhua News Agency said
De-escalating trade war: Xi promises lower tariffs, opens economy further
Xi also said China would raise the foreign ownership limit in the automobile sector "as soon as possible"