China Will Raise Tariffs On $60B Worth Of US Goods To 25% By June 1

Posted by Wayne Duggan

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Investors received more bad news Monday morning as an escalation of the trade war between the U.S. and China drove stocks even lower following a horrible performance last week. The latest wave of selling comes on reports that China will be raising tariffs on $60 billion in U.S. goods to 25 percent in retaliation to U.S. President Donald Trump’s latest round of tariff hikes on China….CLICK for complete article