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looking beyond borders

foreign policy and global economy

Beyond Tariffs: China’s ‘Precision Strikes’ On US Businesses

US companies in China are bracing for more retaliatory pain from Beijing as the trade row between the two countries shows no sign of abating. Observers said some American firms had reported higher costs and much greater regulatory scrutiny, and feared a major drop-off in business from rising nationalism. The fallout follows a decision by Washington and then Beijing to impose 25 per cent tariffs on US$34 billion worth of imports from the other country.

Read Here – South China Morning Post

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