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Trade War Could Add to GE’s Operating Margin Woes

Samuel Prince
Trade War Could Add to GE’s Operating Margin Woes

General Electric: Is There a Light at the End of the Tunnel? The clash intensified on September 24 when the US and China targeted each other with the biggest round of tariffs yet. China imposed new taxes of 5%–10% on $60.0 billion of US merchandise like clothes, auto parts, meat, and chemicals.