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China retaliates with higher tariffs on American goods against the U.S.

Beijing said that it will increase tariffs on American goods worth roughly $60 billion starting June 1st. This as the trade war between China and the U.S. continues to escalate. Michael Klein, executive editor of Econofact.org spoke to UNews about the implications for the American consumer.

China retaliates with higher tariffs on American goods against the U.S.

Beijing said that it will increase tariffs on American goods worth roughly $60 billion starting June 1st. This as the trade war between China and the U.S. continues to escalate. Michael Klein, executive editor of Econofact.org spoke to UNews about the implications for the American consumer.

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