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China retaliates with tariffs on US $ 60 billion of products

China retaliates with tariffs on US $ 60 billion of products
13 de Maio de 2019   |   Economy

The China announced on Monday (13) will increase its tariffs from June 1 on American products.


A total of $ 60 billion in annual imports are targets of the new tariffs, which are a retaliation measures taken by management Donald Trump .


The tariffs will increase by a set of products the United States already taxed at a maximum rate of 25% , announced the Commission 's Office rates the Chinese regime on its website, records the agency AFP .


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US President approved last Friday (10) to increase, as a punitive measure, from 10% to 25% tariffs on Chinese goods, representing a total of $ 200 billion .


Earlier, Trump had advised the communist regime not to retaliate, considering that this escalating trade war between Beijing and Washington "only make things worse."

Source: TARCISO MORAIS Fundador e editor-chefe da RENOVA Mídia.


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