Economics
China Tariff Retaliation Kicks In as Trade War Ratchets Up
- Tariffs on much of $60 billion in U.S. goods rose from June 1
- Challenges for China economy pile up as factory sentiment fell
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China raised tariffs on tens of billions of dollars of goods imported from the U.S., implementing the promised retaliation to President Donald Trump’s latest round of trade war duties on about $200 billion in Chinese exports.