More tariffs coming to China

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More tariffs coming to China

The Trump administration slapped tariffs on roughly $110 billion in Chinese imports on Sunday, marking the latest escalation in a trade war that’s inflicting damage across the world economy. China retaliated.

The 15% U.S. duty hit consumer goods ranging from footwear and apparel to home textiles and certain technology products like the Apple Watch. A separate batch of about $160 billion in Chinese goods — including laptops and cellphones — will be hit with 15% tariffs on Dec. 15. President Donald Trump delayed part of the levies to blunt the impact on holiday shopping.

[Bloomberg]
 
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