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In Trade War, How Much Can Beijing Fight Back?

China’s retaliatory measures against the United States in their ongoing trade war have raised questions about the limitations of Beijing’s ability to fight back. Beijing’s retaliation did not match the size of Washington’s action of raising tariffs on $200 billion worth of Chinese goods from 10% to 25%. China has imposed additional taxes on a wide range of American goods worth $60 billion. But Beijing has left out some crucial goods from enhanced taxation. They include technology-related...

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