China Hikes Tariffs on U.S. Products

China plans to levy extra tariffs of as much as 25 percent on goods ranging from small aircraft, computers, and textiles to chemicals, meat, wheat, wine, and LNG.

By Shawn Donnan & Miao Han | May 13, 2019 at 01:11 PM

China announced plans to raise duties on some American imports starting June 1, defying a call from President Donald Trump to resist escalating a trade war that is sending stocks tumbling and clouding the outlook for the global economy.

Less than two hours after Trump tweeted a warning that “China should not retaliate—will only get worse!” the Ministry of Finance in Beijing unveiled the measures on its website. The new rate of 25 percent will apply to 2,493 U.S. products, with other goods subject to duties ranging from 5 percent to 20 percent, it said.

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