May 13, 2019 / 12:36 PM / 11 days ago

China to impose tariffs on $60 billion of U.S. goods

HONG KONG, May 13 (Reuters) - China plans to impose tariffs on $60 billion worth of U.S. goods, the finance ministry said on Monday, after the United States escalated a bitter trade war with a tariff hike on $200 billion of Chinese products.

China will impose tariffs on a total of 5,140 U.S. products from June 1, the ministry said in a statement on Monday. (Reporting by Lee Chyen Yee in Singapore and Meg Shen in Hong Kong; editing by Darren Schuettler)

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