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China plans retaliatory tariffs if US carries out latest threat

 China has said it will levy new tariffs on more than 5,200 US products, if the White House moves forward with its latest tariff threat.
 
The State Council outlined the plan just days after the US said it was considering higher tariffs on $200 billion more of Chinese goods than initially planned.
 
Chinese officials accused the US of unilaterally heightening tensions between the two economic giants.
 
They said the duties would range from five per cent to 25 per cent on $60 billion worth of US products.
 


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