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'They played it wrong, panicked': Trump reacts to China's tariff retaliation

China has announced it will impose reciprocal 34 per cent tariffs on all imports from the US from April 10
Donald Trump and Xi Jinping. File photo

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US President Donald Trump has reacted to the tariffs imposed by China on all imports from the country from April 10. Trump said China had "panicked" after his announcement of tariffs imposed on it on Thursday.

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In a post on his social media platform, Trump stated, "CHINA PLAYED IT WRONG, THEY PANICKED - THE ONE THING THEY CANNOT AFFORD TO DO."

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China has announced it will impose reciprocal 34 per cent tariffs on all imports from the US from April 10, CNN reported.

China's announcement comes after Trump imposed an additional 34 per cent tariff on all Chinese goods imported into the US, in a move poised to cause a reset in ties and worsen trade tensions between the two nations.

In a statement, China's State Council Tariff Commission said, "This practice of the US is not in line with international trade rules, seriously undermines China's legitimate rights and interests, and is a typical unilateral bullying practice."

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