China strikes back at U.S. with new tariffs on $75 billion in goods

BEIJING (Reuters) - China said on Friday it will impose retaliatory tariffs against about $75 billion ($61 billion) worth of U.S. goods, putting as much as an extra 10% on top of existing rates in the dispute between the world's top two economies. The latest salvo from China comes after the United States unveiled tariffs on an additional $300 billion worth of Chinese goods, including consumer electronics, scheduled to go into effect in two stages on Sept. 1 and Dec. 15.China will impose..