Source: WINSTON-SALEM JOURNAL, 7/6/18

 The world's two biggest economies have fired the opening shots in a trade war that could have wide-ranging consequences for consumers, workers, companies, investors and political leaders. With the United States slapping a 25 percent tax on $34 billion worth of Chinese imports starting Friday, China was set to hit back with taxes on an equal amount of U.S. products, including soybeans, lobsters, sport-utility vehicles and whiskey.

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