There will be more to come on this, but the gist of it hitting the headlines
- Reporting that the products to be hit with tariffs are similar to the preliminary list
- President Trump approves tariffs on about $50 billion of Chinese goods
Citing unnamed sources
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So, if similar to the preliminary list then not an escalation. Still, Trump not backing down on China … China retaliation announcements will come, most likely in the hours ahead.
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Earlier:
