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Fang Xinghai, the China securities market official, is out on the wires stating that US’ decision to impose fresh tariffs on the world’s second-largest economy is certainly poisoning negotiations.  

The US invited China for trade talks last Thursday, lifting the risk assets across the globe. However, the relief was short-lived as President Trump  announced a 10 percent tariff on Chinese imports worth $200 billion annually.

 

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