News Desk — April 4, 2018 at 6:36 pm — Updated: April 4, 2018 at 6:36 pm

China strikes back with duties on U.S. soybeans, planes; markets drop

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BEIJING/WASHINGTON (Reuters) – China hit back quickly on Wednesday against U.S. plans to impose tariffs on $50 billion (35.67 billion pounds) in Chinese goods, retaliating with a list of similar duties on key American imports including soybeans, planes, cars, beef and chemicals in a move that sent global markets lower.

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