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Steep new US, China tariffs go into effect, as companies warn of higher consumer prices

Written by Foxnews | Source: Foxnews | September 01, 2019 01:39 PM

Despite multiple indications last month of a possible breakthrough in trade negotiations, the United States and China went ahead with their latest tariff increases on each other's goods Sunday, potentially raising prices Americans pay for some clothes, shoes, sporting goods and other consumer items in advance of the holiday shopping season.

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