China responds to latest US tariffs with tariffs on goods worth $60 billion - News Summed Up

China responds to latest US tariffs with tariffs on goods worth $60 billion


Hong Kong (CNN) China has fired back at the United States after President Donald Trump ramped up the trade war with his biggest wave of tariffs yet. The Chinese government said Tuesday that it would impose tariffs on US goods worth $60 billion following the Trump administration's announcement that it was hitting $200 billion worth of Chinese goods with new tariffs. The latest US move means roughly half of the products that China sells to the United States each year will be hit by American tariffs. JUST WATCHED US company says it was crippled by Trump's tariffs Replay More Videos ... MUST WATCH US company says it was crippled by Trump's tariffs 03:25China had already gone blow for blow with the United States on tariffs on more than $50 billion of each other's goods this year. "Against this aim," he added, "no possible offer by China can cause the tariffs to be lifted."


Source: CNN September 18, 2018 09:59 UTC



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