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Retaliatory tariffs by China boost dollar, weaken yuan

Reuters UK
Retaliatory tariffs by China boost dollar, weaken yuan

NEW YORK (Reuters) - Retaliatory trade tariffs by China helped give the U.S. dollar a mild boost on Wednesday while sterling slid to an 11-month low on concerns about Britain's exit from the European Union. China is laying additional import tariffs of 25 percent on $16 billion worth of U.S. goods