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Events on Friday 6 July 2018 1
2018United States-China trade war beginsWashington and Beijing impose tit-for-tat tariffsThe United States imposed tariffs on $34 billion of Chinese goods, and China retaliated in kind, marking the start of an extended trade war between the world's two largest economies. Both sides progressively expanded tariffs on hundreds of billions of dollars in goods over the following months. The dispute disrupted global supply chains and financial markets.