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Trade War Heats Up Again As China Sets Tariffs On $75 Billion In U.S. Goods, Autos

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China announced it is imposing new tariffs on imported U.S. autos and auto parts, due to go into effect Dec. 15.

China says it will slap tariffs on autos and thousands of other U.S. goods. It's an escalation of a trade war that has rippled through the world economy and raised fears of a U.S. recession.

(Image credit: Greg Baker/AFP/Getty Images)


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