Trump China Tariffs, Border Separations, Elizabeth Holmes: CEO Daily for June 18, 2018

Good morning. Fortune London editor Claire Zillman here, filling in for Alan.

As expected on Friday, the Trump administration slapped tariffs on $50 billion of imports from China. And--as expected--China retaliated, imposing a 25% duty on $34 billion in exports from the U.S.--such as soybeans, corn, beef, poultry, and automobiles--with additional tariffs planned for goods like coal, crude oil, and gasoline.

Trump had vowed to introduce additional tariffs if China hit back, so it seems the...

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