China and the United States began imposing additional tariffs on each other'...
BEIJING - China and the United States began imposing additional tariffs on each other’s goods on Sunday, the latest escalation in a bruising trade war, despite signs that talks would resume some time this month.
The Trump administration will begin collecting 15% tariffs on more than $125 billion in Chinese imports, including smart speakers, Bluetooth headphones and many types of footwear. Tariffs could not impede China’s development, said the official People’s Daily of the ruling Communist Party. Trade teams from China and the United States continue to talk and will meet in September, but tariff hikes on Chinese goods set to go in place on Sunday will not be delayed, Trump has said.
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