China tariff retaliation list targets $60 billion in U.S. goods

CHINA — China announced a $60 billion list of U.S. goods including coffee, honey and industrial chemicals for retaliation if Washington goes ahead with its latest tariff threat, reported the Los Angeles Times.

The Finance Ministry accused the Trump administration of damaging the global economy after it proposed hiking duties on $200 billion of Chinese goods in the second round of a dispute over technology.

“China is forced to take countermeasures,” said a ministry statement. It said retaliatory duties of 25%, 20%, 10% or 5% on 5,207 products will be imposed “if the U.S. side persists in putting its tariff measures into effect.”

Read the full article in the Los Angeles Times.

Ronnie Wendt

Ronnie Wendt

Ronnie Wendt has been a writer/editor for more than 25 years, working in law enforcement, aviation, supply chain and the RV industry. She's not a stranger to RVs, however. She grew up camping, and still camps as many weekends as she can every year. She is the owner of In Good Company Communications and can be reached at ingoodcompanycommunications@gmail.com.

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