China retaliates after Trump announces new tariffs

Published June 15, 2018 2:34pm ET



China announced Friday it plans to match the 25 percent tariff on $50 billion worth of goods the United States exports to the Asian country following President Trump’s expansion announcement earlier in the day.

China will “retaliate for Trump’s tariffs by immediately imposing penalties of the same scale on American goods,” according to the Associated Press.

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