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Breaking News: US announces 25% tariff on $50 bln of Chinese imports

The United States recently announced that it would start imposing tariffs on $50 billion worth of Chinese imports, as reported by LiveSquawk. The tariffs include goods on China's 2025 plan.

Commenting on the development, President Trump stated that the United States would pursue more tariffs if China were to retaliate. 

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Russia Budget Fulfilment came in at 1.2%, above forecasts (0.6%) in May

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US: Industrial production to post a modest 0.1% increase in May - Nomura

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