Chinese to retaliate against Trump administration by raising tariffs on American goods Unlisted Video

China announced on Monday it plants to retaliate against the Trump administration by raising tariffs on $60 billion worth of American imports. According to Markets Insider, about half of those 2,493 items will now be subject to a 25% tariff. More than 5,000 items would be affected by the higher tariffs of between 5% and 25%, set to take effect June 1st.