China will raise tariffs on US goods from June 1

China announces it will introduce tariffs on US goods from June 1 this year. This happens after the US increased its tariffs on Chinese goods last week.

BY RITZAU/REUTERS & SHIPPINGWATCH

Published: 13.05.19 at 14:48

From June 1, China will raise its tariffs on several US goods, informs the Chinese ministry of finance.

This comes a few days after the US added further fuel to the fire in a prolonged trade conflict between the US and China by raising tariffs on Chinese goods valued at USD 200 billion.