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CHINA THREATENS NEW TARIFFSChina Friday said it would slap duties on $60 billion of U.S. products if President Donald Trump goes ahead with his plan to increase levies on Chinese goods. Meanwhile, White House chief economic adviser Larry Kudlow Friday said Trump has no plans to ease up on the Asian country. “We’ve said many times: no tariffs, no tariff barriers, no subsidies,” Kudlow said. “We want to see trade reforms. China is not delivering, OK?”


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