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Trade Tensions Refuse to Die Down: All You Need to Know

Trade Tensions Refuse to Die Down: All You Need to Know

The trade war intensified again yesterday as President Donald Trump announced that the United States (SPY) (IVV) would impose tariffs on $200 billion worth of Chinese goods starting on September 24. Previously, the United States imposed tariffs on $50 billion worth of Chinese goods, and China retaliated in kind. Trump is also mulling over whether to impose tariffs on $267 billion worth of additional Chinese products.