China Retaliates against The United States, Raises Tariffs on $60 billion of U.S. Goods, Effective June 1st
China’s finance ministry announced on Monday evening that it would proceed in raising tariffs on roughly $60 billion worth in American goods beginning June 1, 2019. Beijing will increase tariffs on more than 5,000 products to 20 percent or 25 percent from the previous 10 percent imposed last fall. As [...]