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The US-China trade war just got even uglier

Both countries will suffer but China will take the brunt

By George Magnus  

Photo: Pang Xinglei/Xinhua News Agency/PA Images

Barely a couple of weeks ago, President Trump referred to the prospect of “an epic trade deal,” describing the negotiations between the US and China to bring an end to the trade war.

Yet last Friday, with Chinese negotiators in Washington, Trump authorised a hike in punitive tariffs on Chinese goods, which was originally set for 1st January but was put into the deep freeze pending the outcome of…

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