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Sino-US Trade War
Jul 21, 2018

Just the exchange rate between the renminbi and the US dollar continued to fall, US President Trump threatened to impose tariffs on all goods imported from China. Trump said in an interview with CNBC on Friday that he is preparing to impose tariffs on goods imported from China for $500 billion, while the total amount of goods imported from China last year was $505.5 million. Trump stressed that the reason for doing this is not for political purposes, but to defend the interests of the Unite States.