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China’s Tariff Escalation is a Big Mistake, Says U.S. Treasury Secretary
- China is at a disadvantage in the trade dispute with the US.
- China's retaliatory tariffs on US goods are set to go into effect.
- President Trump has warned of imposing an additional tariff if China doesn't withdraw its countermeasures.
- Nearly 70 countries have approached the US to begin negotiations regarding tariffs.
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