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> UK and China grumbled but said they don't want to escalate.

Do you have a source on China saying they're not escalating any more? Because they just applied a pile of farm tariffs two days ago in response to the 10% US tariffs.



https://www.ft.com/content/69f582a6-3cec-4858-b115-3a2432910...

> China, the world’s largest steelmaker and exporter, warned it would “take all necessary measures to safeguard its legitimate rights and interests” but did not immediately announce retaliatory tariffs.




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