Execs Tell House Panel Trade War Would Be Crippling

Executives for the chemical, manufacturing and agricultural industry told the  House Ways and Means Committee Thursday that a U.S. trade war with China would almost certainly cripple their revenues and raise prices for consumers.

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China Lists $50B of US Goods It Might Hit With 25 Pct Tariff

China on Wednesday issued a $50 billion list of U.S. goods including soybeans and small aircraft for possible tariff hikes in an escalating technology dispute with Washington that companies worry could set back the global economic recovery.

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