U.S., China impose more tariffs as trade war escalates

U.S. President Donald Trump's administration invoked tariffs on an additional $200 billion in Chinese imports on Monday, its most significant escalation yet in the trade war between the world's two largest economies.China immediately hit back, slapping additional tariffs on $60 billion in U.S. imports and releasing a statement criticizing the U.S. move.The Untied State has "pursued its own interests by conducting protectionism and economic hegemony," the Chinese government was quoted as saying in the statement carried by the state-run Xinhua News Agency.Washington has "repeatedly intimidate…READ FULL ARTICLE