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Tariffs against US hit 44% of EU companies in China: survey
DALIAN, China -- Nearly half of European companies doing business in China import products subject to Beijing's retaliatory tariffs on U.S. goods, according to a recent survey by the European Union Chamber of Commerce in China.
A total of 44% of respondents said they have been affected by the duties. Higher prices had already been observed by 23%, while 17% expect to see increases going forward.
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