The ongoing trade battle between the U.S. and China continues to escalate, with China announcing Monday they would impose $60 billion in tariffs on U.S. goods.

The tariffs are in response to a $200 billion tariff hike by the U.S. after trade negotiations broke down last week.

The White House insists the tariffs won’t affect American consumers, but some economists fear the trade battle could disrupt China’s economic recovery.