The Trump administration just announced tariffs on another $16 billion in Chinese imports to the U.S.
This latest round makes good on the president’s promise in June to impose a 25% tariff on $50 billion in Chinese goods. An earlier round of tariffs that went into effect on July 6 applied to $34 billion in imports. The additional tariffs will go into effect on August 23.
A list published by the U.S. Trade Representative’s office indicated 279 import product lines for tariffs. Here’s what’s new.