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U.S.-China trade dispute expected to cost U.S. companies and consumers

U.S.-China trade dispute expected to cost U.S. companies and consumers The U.S. is preparing to place higher tariffs on nearly all Chinese imports, after negotiators failed to reach a deal during talks in Washington last week. Politico trade reporter Megan Cassella joins CBSN to discuss how the tariffs will affect global markets and American consumers.

Donald Trump,China,trade war,trade,Tariffs,xi jinping,Steve Mnuchin,Robert Lighthizer,

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