NewsWatch: Here’s how hard the escalating tariff fight will hit the economy

The U.S.-China trade spat is set to intensify as the Trump administration plans to more than double tariffs on $200 billion of Chinese imports and extend levies to other goods from the country early Friday. Beijing promises to retaliate. Here’s one set of estimates on how an escalating battle could affect the economies of the U.S., China and the world.

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