China to impose tariffs on US$60 billion of US goods

May 13, 2019 8:39 PM

HONG KONG (REUTERS) – China plans to impose tariffs on US$60 billion (S$82 billion) worth of US goods, the finance ministry said on Monday (May 13), after the United States escalated a bitter trade war with a tariff hike on US$200 billion of Chinese products.

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