Factbox China Tariffs On Revised List Of 16 Billion Us Goods

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Factbox China Tariffs On Revised List Of 16 Billion Us Goods

BEIJING – China said on Wednesday that it is slapping additional tariffs of 25 percent on $16 billion worth of U.S. imports from fuel and metals to autos and medical equipment, as the world’s largest economies escalated their trade dispute.

The tariffs will be activated on Aug. 23, the same day that the United States plans to begin collecting 25 percent extra in tariffs on $16 billion of Chinese goods.

The $16 billion of U.S. products are part of $50 billion of U.S. goods targeted by China. Tariffs on the $34 billion batch of products went into effect on July 6.

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