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Trade war looms after Beijing retaliates against U.S. with tariffs
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The United States and China appeared to be inching closer to a trade war after Beijing revealed it would be retaliating against Washington with tariffs of its own on American goods. NBC News’ Janis Mackey Frayer and Aaron Gilchrist break down China’s rapid-fire retaliation to President Trump’s tariffs.Feb. 4, 2025