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China Seen Readying for Trade War During Trump Presidency

The possibility of a trade war between the United States and China loomed large over the horizon after the U.S. electoral college confirmed Donald Trump's presidency on Monday. China is expected to take a series of defensive and retaliatory measures to counter any U.S. moves to restrict the role of Chinese goods and currency movements in the American economy, as Trump has promised to do. "In the event of a trade war with the United States, China’s response would go well...

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