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China expresses regret over US tariff hike, vows countermeasures

May 10, 2019 12:24 PM

BEIJING (REUTERS) – China on Friday (May 10) said it “deeply regrets” the United States’ decision to increase tariffs on US$200 billion (S$273 billion) worth of Chinese goods to 25 per cent from 10 per cent, adding without elaborating that it would take necessary countermeasures.

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