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China hits back against Donald Trump’s tariffs, saying it will impose an additional 34% tax on US goods from next week
European markets fall further in response, with indexes in London, Berlin and Paris all down more than 3%
Trump announced a 54% import tax for China – one of the highest rates for any country
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Meanwhile, a treasury minister tells the BBC the UK is working “at pace” to secure a deal on trade with the US.
(BBC)
