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Trade war ignites as China retaliates to US tariffs

IndiaTimes Monday, 13 May 2019 ()
Ignoring US President Trump’s warnings not retaliate against American tariffs on Chinese products, Beijing did just that on Monday, spooking the world bracing for a trade war. “China will never succumb to foreign pressure,” the country’s foreign ministry said in a statement about the retaliatory move that will kick in tariffs against more than 5000 US products on June 1.
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News video: China hits back in trade war, despite U.S. warning

China hits back in trade war, despite U.S. warning 01:21

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. Zachary Goelman reports.

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