WRAPUP 4-Trump sets $50 bln in China tariffs with Beijing ready to strike back
June 15, 2018 at 13:39 PM EDT
WASHINGTON/BEIJING, June 15 (Reuters) - U.S. President Donald Trump announced hefty tariffs on $50 billion of Chinese imports on Friday as Beijing threatened to respond in kind, in a move that looks set to ignite a trade war between the world's two largest economies.