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China Sets Tariffs On $60 Billion In U.S. Goods, Retaliating Against U.S. Duties

Cargo containers are loaded on ships at a port in Qingdao in China's eastern Shandong province in April. China said it will impose tariffs of 5 percent to 10 percent on $60 billion worth of U.S. products, starting on Monday. (AFP/Getty Images)
Cargo containers are loaded on ships at a port in Qingdao in China's eastern Shandong province in April. China said it will impose tariffs of 5 percent to 10 percent on $60 billion worth of U.S. products, starting on Monday. (AFP/Getty Images)

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