China Threatens Retaliatory Tariffs on $60 Billion of US Goods

China Threatens Retaliatory Tariffs on $60 Billion of US Goods China announced the tariffs as potential retaliation China's Ministry of Commerce met that percentage with its own 25 percent raise White House press secretary Sarah Sanders, via Marketwatch Sanders was referencing a report by The Office of the United States Trade Representative (USTR). The reports includes China on the "Priority Watch List" The escalation of tariffs on both sides is a clear sign that trade talks between the U.S. and China have stalled.