New round of US-China trade tariffs worth $200 billion takes effect | World News, The Indian Express

New round of US-China trade tariffs worth $200 billion takes effect | World News, The Indian Express

By Deutsche Welle |Published: September 1, 2019 1:56:55 pm

New round of US-China trade tariffs worth $200 billion takes effect

The US move imposes a 15% levy on more than $125 billion in Chinese imports including smart speakers, Bluetooth headphones, books, babies' nappies and many types of footwear.

US and Chinese officials are due to continue trade talks later this month. (File)

The United States and China levied additional tariffs on thousands of each other’s goods on Sunday, with Beijing targeting US crude oil for the first time since the trade war began. The new round of tariffs took effect from 0401 UTC, according to the US Trade Representative’s office.