Energy & Power

China to implement tariffs on $60 billion of US goods

China plans to impose tariffs on $60 billion worth of US goods, the finance ministry stated on Monday, after the United States escalated a bitter trade war with a tariff hike on $200 billion of Chinese products.

China will implement tariffs on a total of 5,140 US products from June 1, the ministry said in a statement on Monday.

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