New escalation in the US-China trade dispute

China has announced a $ 60 billion increase in tariffs on imports from the US as of June 1st. The move comes just days after the US announced tariff increases of $ 200 billion in imports from China.

 

 

 

Among the products affected by these tax increases are US fruits and vegetables imported by China.

 

 

 

Last Friday in Washington the last round of US-China trade negotiations ended without any agreement. But both sides should discuss at the next G20 summit to be held in Japan on June 28-29.