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WiredJa Online News

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WiredJa Online News

CHINA | Impact of US Tariff Hikes on Manufacturing Controllable

The latest round of tariff hikes of 25 percent on US$200 billion worth of Chinese goods by the United States (U.S.) government will result in an increase of operation costs, lower competitiveness and fewer orders, but their impact in the Asian country’s manufacturing sector is generally “controllable”, a state senior official told Xinhua in an interview.
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