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Trump tariffs offer opportunity for China
Trump tariffs offer opportunity for China
Business and Economy
by  AFP

In unleashing global tariffs, President Donald Trump has vowed to remake the world to benefit US workers. "Unlike previous presidents, President Trump fully understands the nature and scope of the problem -- and the existential threat posed by China -- and what needs to be done," Smith said.

Trump's tariff Big Bang puts global economy under threat
Trump's tariff Big Bang puts global economy under threat
Business and Economy
by  AFP

It took just one 50-minute speech by US President Donald Trump to undermine global economic stability and raise the prospect of a recession, with China's countermeasures only amplifying the risk of a debilitating tit-for-tat trade war. But it said things could get worse if a tit-for-tat trade war began, and on Friday China announced retaliatory tariffs on US goods of 34 percent.