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China Hits US With New Tariffs, Trump Orders US Companies Out

As we settle into the new year, our Sourcing Summit Companion Report looks ahead at ways to optimize processes and performance.

China isn’t taking the trade war with the United States lying down. Late on Friday in Beijing, China’s Ministry of Commerce said it would retaliate with tariffs on $75 billion worth of U.S.-made goods if President Trump presses forward with the latest round of additional tariffs on Chinese products. China’s plan would impose new tariffs…

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