United States moves forward with higher tariffs on $200 billion worth of Chinese goods

By Sascha Matuszak

As the deadline for a trade deal between the United States and China came and went with no progress, the US made good on its threat to increase tariffs on a wide variety of consumer goods coming from China to 25%, up from 10%. The increase hits thousands of Chinese products in categories as disparate as seafood, metals and machinery. Consumer products being hit are as varied as laptops, handbags and cosmetics.

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