China Announces Tariff Retaliation to Take Effect on June 1
Container ships are docked next to gantry cranes as shipping containers sit stacked at the Yangshan Deepwater Port, in this aerial photograph taken in Shanghai, China. (Photographer: Qilai Shen/Bloomberg)

China Announces Tariff Retaliation to Take Effect on June 1

(Bloomberg) -- China announced that it will increase tariffs imposed on about $60 billion of U.S. goods in retaliation for President Donald Trump’s latest escalation of the trade war.
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