Comment on China announces $50 billion in retaliatory tariffs on U.S. soybeans, airplanes, 104 other products

China announces $50 billion in retaliatory tariffs on U.S. soybeans, airplanes, 104 other products

On Tuesday, the Trump administration unveiled a 25 percent tariff on $50 billion worth of Chinese goods, from lithium batteries to flame throwers, and a few hours later, China hit back, saying that if Trump imposes the tariffs after the May 11 public comment period ends, China will slap 25 percent tariffs on a list of 106 U.S.

 

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