China on Saturday raised tariffs to a maximum 25 percent on $60 billion worth of U.S. products in retaliation for Washington's latest tax hike on Chinese goods, fanning fears that a trade war between the world's two biggest economies will be perpetuated.U.S. President Donald Trump has also tried to strike a better trade deal with Beijing by taking steps to stifle China's technology sector, such as effectively banning American firms from supplying parts to Chinese telecommunication giant Huawei Technologies Co.The Chinese leadership led by President Xi Jinping had indicated it would implemen…READ FULL ARTICLE
