BEIJING—China is retaliating against a new round of U.S. tariffs with its own levies on $60 billion worth of U.S. products, escalating the countries’ trade fight while Chinese officials weigh whether to accept Washington’s offer for more negotiations. The announcement by the country’s cabinet came half a day after President Trump announced new tariffs on $200 billion in Chinese goods, an action that left Chinese officials scrambling on how to respond. The new levies, on imports from the U.S. ranging from farm products and...

Source: Wall Street Journal September 18, 2018 12:51 UTC