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Tensions between Washington and Beijing has been running high, with a full-scale trade war looming on the horizon, with US President Donald Trump's vision of China as an economic adversary remaining unchanged, APA reports quoting Sputnik.
Trump stated that strong dollar "puts us [the US] at a disadvantage," adding that "Chinese currency is dropping like a rock."
The Trump administration has slapped 25 percent tariffs on $34 billion worth of Chinese goods, prompting a similar response from Beijing.
In an earlier round of tariffs announced in June and actualized on July 6, the United States announced 25 percent duties on $50 billion worth of Chinese goods to which China responded by imposing restrictions for the same amount of US imports.
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