U.S. President Donald Trump instructed the U.S. trade representative to consider slapping an additional $100 billion US in tariffs on Chinese goods on Thursday in a dramatic escalation of the trade dispute between the two countries.
Trump’s surprise move came a day after Beijing announced plans to tax $50 billion in American products, including soybeans and small aircraft, in response to a U.S. move this week to slap tariffs on $50 billion in Chinese imports.
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