China runs low on ammo as it readies retaliatory tariffs

Limiting Hollywood movies and restricting students possible next steps for Beijing

While Chinese tariffs have put pressure on key U.S. industries, Beijing is running out of ways to respond to U.S. escalation.

ISSAKU HARADA and SHUJI NAKAYAMA, Nikkei staff writers

May 21, 2019 04:29 JST

BEIJING/NEW YORK -- China's plan to raise retaliatory tariffs on $60 billion of U.S. products next month aims to pile more political pressure on U.S. President Donald Trump, but it underscores Beijing's lack of options as Washington prepares its next salvo in the trade war.