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Trade War Talk Heats Up as Trump Officially Hits China With Tariffs

President Trump announced on Friday a 25 percent tariff on $50 billion of Chinese exports, punishing the country for "theft of intellectual property and technology." China vowed to retaliate in equal measure, escalating tensions between two of the world's largest economies despite months of negotiations to try and resolve trade disputes. Cheddar's Tim Stenovec and Kristen Scholer examine the details.

Source: Cheddar

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