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The US dollar ranks in second place. Although 20 percent of respondents said they would either increase or significantly increase their dollar holdings, 11.43 percent of respondents said they will reduce their dollar holdings.

The United States imposed a 25 percent tariff on imported light trucks in the 1960s after France and West Germany imposed tariffs on US chicken, so it was also called the "chicken tax," and was referred to by Trump in his tweet.

The US scholar also said that China is facing some present and future challenges.

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The U.S. Department of Defense narrowed down the list of contenders for its ten-year billion cloud contract to the two companies, and their names will not surprise you.

The US appreciated China playing a positive role on the issue and would like to maintain communication and coordination with China, he said.

The US auto industry would be hardest hit by the tariffs. Last year the US imported billion in auto parts from Mexico. About 16 percent of parts in American-made cars are manufactured in Mexico.

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The US and Japan also are the main sources of scrap paper shipped to China, and account for half of the almost billion business between themselves.

The United States reported 383,256 confirmed cases, the most in the world, and its death toll stood at 12,021.

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The UK is under pressure to join a boycott of Huawei led by the United States, which alleges that the company has and will continue to plant backdoors that enable Chinese surveillance, a claim that Huawei has denied.

The US auto industry would be hardest hit. In an analysis of the US industry's exposure to the tariff, Deutsche Bank estimated that, if the penalty rises to the full 25 percent, General Motors would take a .3 billion hit before interest and taxes; Fiat Chrysler's hit would be .8 billion and Ford Motor Co's would be .3 billion.