China targets U.S. farm belt with latest tariffs

China counterpunched with new tariffs against U.S. products in the latest round of an escalating trade fight between the world's two largest economies. The Chinese announced plans for 25 percent tariffs on a list of American goods, including soybeans, cars and chemicals, mirroring a Trump administration action hours earlier. Lisa Desjardins reports.

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(Source: PBS NewsHour, https://www.youtube.com/watch?v=a7aYEjdmIkI)