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Trump declares Economic War on EU, Imposes $7.5 Billion Tariffs

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After receiving a green light from the World Trade Organization, U.S. President Donald Trump is set to impose tariffs on $7.5 billion of goods coming from the European Union on October 18th. Due to the European subsidies for Airbus which violate international trade rules, the WTO ruled on Wednesday that the U.S. could impose duties as high as 100 percent on 7.5 billion in goods. The award represents... 

Trump starts Tariff Trade War with China, Beijing vows Retaliation

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The Trump administration plans to impose tariffs worth as much as $60 billion on Chinese products as early as this week to punish Beijing for what the U.S. perceives as intellectual property theft from American businesses, according to two people familiar with the matter. U.S. Trade Representative Robert Lighthizer is leading an investigation into China’s treatment of intellectual property, and... 
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