China retaliates on tariffs, stock markets go into a slide

Joe McDonald and Paul Wiseman, Associated Press

May 13, 2019

BEIJING (AP) — Sending Wall Street into a slide, China announced higher tariffs Monday on $60 billion worth of American goods in retaliation for President Donald Trump's latest penalties on Chinese products. Duties of 5% to 25% will take effect on June 1 on about 5,200 American products, including...