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Chinese companies brace for tariff hike: ‘If the tariffs rise to 25%, then we’re done for’

Associated Press
Chinese companies brace for tariff hike: ‘If the tariffs rise to 25%, then we’re done for’

Chinese exporters of all sorts of products, from power adapters and computers to vacuum cleaners, are anxiously hoping trade talks in Washington this week will yield a deal that might stave off higher U.S. tariffs on imports from China.