China to slap tariffs on U.S. goods despite Trump warning Unlisted Video

According to Reuters, China on Monday said it would impose higher tariffs on a range of U.S. goods including frozen vegetables and liquefied natural gas, striking back in its trade war with Washington. The move, widely expected after the United States last week raised tariffs on $200 billion in Chinese imports, heightened fears about the world’s two largest economies' ongoing trade war. China’s finance ministry said it plans to set import tariffs ranging from 5% to 25% on over 5,000 U.S.