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Day ahead – May 13, 2019: China announces US tariff retaliation

Rep. Peterson to seek reelection, Bakers group warns on tariffs

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China announced it would retaliate for the US tariff hike with higher duties on $60 billion in US goods. Meanwhile, House Agriculture Committee Chairman Collin Peterson (D-Minn.) confirmed he is running for reelection and the American Bakers Association (ABA) warned new US tariffs on China would hurt the food industry.

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