China will raise tariffs on $60 billion in U.S. goods in retaliation for the U.S. decision to hike duties on Chinese goods.
Beijing will increase the tariffs to 25% from 10% on June 1, the Chinese Finance Ministry said Monday. The action raises the stakes in a widening trade conflict that has rattled investors and threatened to damage the global economy.
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Free America Network Articles
Mon May 13 , 2019
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