Bloomberg News
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China’s New Tariffs Target U.S. Crude Oil
Posted
September 3, 2019
Views
5,671
Likes
33
Comments
19
Engagement
0.92%
September 3, 2019
5,671
33
19
0.92%
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1:04Now PlayingChina has returned fire in its ongoing trade war with the U.S., announcing new tariffs on $75 billion of U.S. goods. For the first time, U.S. crude oil has been included in its trade war strategy. China, the world’s largest importer of crude oil, had previously exempted its U.S. oil imports from the trade fight. What’s the strategy behind the new tariffs on U.S. oil imports? Insights via @CMEGroup
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