Globalized trade means the U.S.-China spat is dealing a blow to global economic growth
From the world’s biggest miners to German car makers and Japanese manufacturers of iridescent powder for cosmetics, producers around the world are bracing for collateral damage as the U.S. escalates its tariff fight with China.
The Trump administration raised tariffs Friday on $200 billion of Chinese goods, sending tremors beyond the world’s two leading economies through Asia and Europe. The increase from 10% hits thousands of Chinese products in categories as disparate as seafood, metals and machinery. Consumer products being...
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