China Drops New Tariffs On $60 Billion Of US Goods
According to Automotive News, China will impose additional tariffs on US goods.
Those goods range from frozen vegetables to liquefied natural gas, but the list includes 5,140 additional products.
The revised target list of tariffs totals $60 billion worth of goods,
China's finance ministry said the import tariffs are between 5-and-25 percent, which will begin on June 1st.
The ministry added that the latest tariffs are in response to US unilateralism towards trade with China.