China Responds to Trump’s New Tariffs, Targeting $60 Billion in US Exports
The move comes after on Friday US President Donald Trump decided to impose 25 percent tariffs on $200 billion worth of Chinese goods, also warning that Beijing should strike a deal, or the situation would be «far worse» for China. According to the Chinese Finance Ministry, 25, 20, and 10 percent import duties for different groups of US goods will come into effect on 1 June. In total...