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US-China trade war surges, overshadowing Trump climbdown
US-China trade war surges, overshadowing Trump climbdown
Economy
by  AFP

The US-China trade war intensified Thursday, sending the global economy into unknown territory and dampening relief after President Donald Trump's earlier climbdown from a wider tariff onslaught against the rest of the world. But realization that Trump's splashy about-face on Wednesday masked the reality of a surging trade war with China dampened spirits.