Chinese Goods and American Tariffs

year: The additional tariffs are on top of penalties enacted earlier this year on 50 billion worth of Chinese goods, according to CNN. Taken together, it means roughly half of the products that China sells to the United States each year will be hit by American tariffs. The United States will impose a 10% tariff later this month on 200 billion worth of Chinese goods, increasing to 25% at the end of the year, the Trump administration announced Monday. In July, the administration published a list of thousands of products that would be subject to the latest round of trade penalties. Trump had urged his advisers to press forward with the 200 billion round, even as Washington and Beijing worked to restart trade talks. More than 300 products were removed from that list -- including smartwatches, health and safety devices and children's playpens. (news.financializer.com). As reported in the news.