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China is hammered with 104% tariffs as defiant Beijing vows it will 'fight to the end' over levies - despite being warned not to retaliate

China is hammered with 104% tariffs as defiant Beijing vows it will 'fight to the end' over levies - despite being warned not to retaliate

A rally in the US stock market was wiped out in minutes after the White House last night confirmed Mr Trump will follow through today on a threat to levy an additional 50 per cent tariff on China.

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