US unveils next round of Chinese imports to face tariffs

Posted at 3:08 PM, Aug 07, 2018
and last updated 2018-08-07 17:08:29-04

The Trump administration on Tuesday unveiled a list of roughly $16 billion worth of imports from China that will be hit with 25% tariffs.

The move marks the latest escalation of a trade war between the world’s two largest economies. The tariffs will take effect August 23.

In July, the administration imposed 25% tariffs on $34 billion in Chinese imports. Beijing has retaliated by imposing tariffs on an equal measure of American goods.