Beijing's latest retaliation against US tariff hikes -- an increase on $60 billion of US imports from June 1 -- could leave China running low on ammunition in the trade war. China imports almost four times less than it exports to the United States, and Beijing already levies punitive charges on almost all US goods arriving in China -- $110 billion out of an annual total of $120 billion.
from Yahoo News - Latest News & Headlines https://yhoo.it/2YxGBt4
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