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China hits back at US with tariffs on $60bn of products

Posted on AllSides May 13th, 2019
From The Left
Trade, China, tariffs, United States

Beijing has ignored Donald Trump’s warning not to retaliate against US tariffs.

China has hit back in its trade war with the US, announcing plans to impose tariffs on $60bn of American imports.

Tariffs will be imposed on 5,140 US products with an annual value of about $60bn (£46bn) from 1 June, the Chinese finance ministry said on Monday.

The latest escalation in the trade war between the world’s two biggest economies came shortly after Donald Trump tweeted a warning to China not to retaliate against the extra tariffs he...

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https://www.theguardian.com/business/2019/may/13/china-hits-at-us-with-tariffs-on-60bn-of-products-trade-war-donald-trump

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