China escalates trade war, imposing retaliatory tariffs and restrictions on U.S. firms.

China will continue the trade war if the U.S. persists, after imposing new tariffs on Chinese goods. In response, China raised import levies by 10-15% on U.S. agricultural and food products and restricted 25 U.S. firms on national security grounds. China's spokesperson, Lin Jian, stated these actions are to protect Chinese interests and urged the U.S. to start dialogue and cooperation.

6 weeks ago
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