China and the United States on June 15 formally moved to apply more tariffs on each other, including over aerospace-related products, revving up a trade spat between the world’s largest economies and aviation marketplaces. An initial wave of 25% tariffs on $34 billion worth of Chinese goods will take effect July 6, according to the Office of the United States Trade Representative (USTR). A second set of items covering roughly $16 billion more in Chinese goods will begin a formal U.S. ...


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