The Trump administration announced Tuesday it is moving forward with a 25 percent tariff on $16 billion in Chinese goods, further escalating a trade war with Beijing.The new tariffs will take effect on Aug. 23 and will impact 279 product lines, down from the original 284 that were proposed on June 15, the U.S. Trade Representative’s office said. Products to be impacted include electronics, plastics and railway freight cars.
The tariffs are the second round of duties that the U.S. has imposed on Chinese goods in a dispute over technology. An initial round of tariffs was placed on $34 billion of Chinese products on July 6.
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More tariffs could be coming soon
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04.28.2025