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Faced with fresh threats of tariffs from Washington, China is considering declining the Trump administration’s offer of trade talks later this month, according to officials with knowledge of the discussions.

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The U.S.-China trade war that escalated Thursday with fresh tariffs on both sides is rooted in a battle for supremacy that encompasses national security as well as trade, leaving slim odds of an easy resolution. And no matter who wins, the conflict will sow the seeds of future trouble.  

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