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China to Raise Tariffs on $60 Billion of US Goods

Video Credit: NYDN tronc - Duration: 01:03s - Published < > Embed
China to Raise Tariffs on $60 Billion of US Goods

China to Raise Tariffs on $60 Billion of US Goods

China is set to raise tariffs on $60 Billion of US goods on more than 5,000 products in retaliation for the U.S. hike on Chinese goods.

The tariff hike, which is high as 25% on some products, will go into effect on June 1. 

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