Workers lift bundles of steel pipe with a crane at a stockyard on the outskirts of Shanghai, China. (Photgrapher: Qilai Shen/Bloomberg)

China Plans Retaliation for Any Amount of U.S. Tariffs

(Bloomberg) -- The Chinese government has a plan to retaliate against increases in U.S. tariffs regardless of the volume of goods targeted, according to an official in Beijing.

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