U.S. to slap duties on $200 bil. in China goods possibly in Sept.

The United States said Tuesday it will impose 10 percent tariffs on an additional $200 billion in Chinese imports as soon as September, a move that would escalate a trade war between the world's two largest economies.China quickly responded within hours of the U.S. announcement, with Foreign Ministry spokeswoman Hua Chunying calling it "typical trade bullying" and saying Beijing will "take necessary countermeasures" to protect its legitimate rights and interests.The Office of the U.S. Trade Representative released a list of 6,031 items to be subject to the punitive duties -- ranging from co…READ FULL ARTICLE