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Trump places tariffs on Chinese goods

US President Donald Trump is to impose 25% tariffs on $50 billion worth of Chinese goods, accusing Beijing of intellectual copyright theft.
 
Tariffs that affect more than 800 products worth $34 billion in annual trade are due to come into effect on July 6.
 
The White House said it would consult on tariffs on the other $16 billion of products, and would apply these later.
 
Meanwhile, China's foreign ministry spokesman said China will respond quickly to protect itself if the US weakens its interests with fresh trade tariffs.
 
Duties on foreign steel and aluminium, announced in March, have already gone into effect.
 
The US says if China retaliates, it will impose even more tariffs.


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