Chinese New Tariffs Will Be On $60Bln Worth Of US Goods

The tit-for-tat measures are the latest escalation in an increasingly protracted trade dispute between the world’s two largest economies.

China will levy tariffs on about $60 billion worth of U.S. goods in retaliation for the latest round of U.S. tariffs on Chinese products, as previously planned, but has reduced the level of tariffs that it will collect on the products.

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