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Effects of the US-China tariff escalation

Immediate fallout of tariff imposition is the wedge between the prices that producers receive and the prices that consumers pay in the importing countries

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In the last one year, the US has imposed tariffs worth $250 billion on Chinese imports and China has retaliated by covering US imports worth $110 billion under higher tariffs.
Disclaimer: These are personal views of the writer. They do not necessarily reflect the opinion of www.business-standard.com or the Business Standard newspaper

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First Published: Jun 11 2019 | 8:34 PM IST

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