China to impose tariffs on $60 billion of U.S. goods

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China to impose tariffs on $60 billion of U.S. goods
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China plans to impose tariffs on $60 billion worth of U.S. goods, the finance mi...

Shipping containers are seen at a port in Shanghai, China July 10, 2018. REUTERS/Aly Song

HONG KONG - China plans to impose tariffs on $60 billion worth of U.S. goods, the finance ministry said on Monday, after the United States escalated a bitter trade war with a tariff hike on $200 billion of Chinese products. China will impose tariffs on a total of 5,140 U.S. products from June 1, the ministry said in a statement on Monday.Our Standards:

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