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An escalating tit-for-tat trade dispute between the U.S. and several other major economies has rattled financial markets in recent days. “I very much hope that we can avoid a full scale trade war (because) that would be a disaster for everyone, not least for the United States,” Philip Hammond told India’s CNBC-TV 18 on Tuesday. […]

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https://www.scmp.com/news/china/diplomacy/article/3037187/no-washington-consensus-tough-china-policies-says-us-academic

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