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Analysis: Why China’s Xi Jinping is not backing down on US-China trade escalation that has no end in sight | CNN Business

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What was supposed to be a historic, era-defining trade war launched by US President Donald Trump against range of countries has, for now, narrowed in on a singular target: China.

Chinese national flags flutter on boats in Yangshan Port outside Shanghai in February. Go Nakamura/Reuters/File Asia China Donald Trump Tariffs See all topics Facebook Tweet Email Link Threads Link Copied! Follow Hong Kong - What was supposed to be a historic, era-defining trade war launched by US President Donald Trump against a range of countries has, for now, narrowed in on a singular target: China . Trump announced a three-month pause Wednesday on all the “reciprocal” tariffs that had gone into effect hours earlier – with one exception, deepening a confrontation set to dismantle trade betw

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