China Imposes 15% Tariffs on US Targeting 15 Companies in Financial Retaliation

Summary:

China has escalated trade tensions by imposing a 15% tariff on US goods, directly affecting 15 major American companies. This financial retaliation comes in response to recent US trade policies, adding pressure to an already strained economic relationship. The new tariffs impact industries such as technology, automotive, and agriculture, potentially reshaping global trade dynamics. Analysts warn that this move could trigger countermeasures from Washington, further intensifying the US-China trade war. 

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