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China hikes tariffs on most US goods in $60 billion target list

China hikes tariffs on most US goods in $60 billion target list

China said on Monday it would impose higher tariffs on most US imports on a revised $60 billion target list. A total of 5,140 US goods will be subject to additional tariffs of 5 per cent, 10 per cent, 20 per cent and 25 per cent starting June 1, the finance ministry in Beijing said. The escalation was announced hours after Trump warned China not to retaliate against the latest US tariffs hike.

Timothy
Timothy
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consistency 1 year

https://www.washingtonpost.com/opinions/trump-has-no-idea-what-hes-doing/2019/05/13/a3e6a626-75c0-11e9-bd25-c989555e7766_story.html

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