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China Strikes Back With Second Tranche of Tariffs

China targeted $16 billion of American goods with new tariffs. Photo: VCG
China targeted $16 billion of American goods with new tariffs. Photo: VCG

The trade war between the world’s two largest economies rolled into a second round.

China returned fire Wednesday evening Beijing time with new tariffs on $16 billion of annual American imports shortly after the Trump administration unveiled its next round of tariffs on an equivalent amount of Chinese imports.

China's Customs Tariff Commission, under the State Council, published a list (link in Chinese) of 333 American imports that will face additional 25% tariffs starting Aug. 23.

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