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How US-China Trade Tussle Could Impact FedEx’s Business Growth

How US-China Trade Tussle Could Impact FedEx’s Business Growth

On September 17, US President Donald Trump announced the imposition of 10% tariffs on ~$200.0 billion worth of Chinese imports. On September 18, China retaliated against President Trump’s action with an announcement of a tariff increase on $60.0 billion of US exports to China. The Finance Ministry of China affirmed that it would go forward with plans announced in August.