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‘No Winners’ in Trade War: China
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China reiterates ‘no winners’ in trade war as US targets cooking oil
BEIJING (Reuters): China reiterated on Wednesday that trade wars had “no winners,” after U.S. President Donald Trump warned that Washington could stop buying cooking oil from the country, a move analysts suggested would have no major impact. Trump said on Tuesday he was considering terminating some trade ties with China, singling out cooking oil even though traders and analysts said such shipments have already been plummeting. “I believe that Ch…
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