U.S. Imposes Tariffs on $200 Billion Worth of Chinese Imports, China Retaliates with $60 Billion of Tariffs

On September 17, 2018, the United States Trade Representative announced that tariffs on $200 billion worth of Chinese goods would come into effect on Monday. September 24, 2018. These tariffs will be set at 10% initially but are expected to increase to 25% at the beginning of 2019.

Following this announcement, China released a statement that on September 18, 2018, that retaliatory tariffs on $60 billion worth of imports from the U.S. These tariffs will similarly be enforced on September 24, 2018. It is expected that the United States will pursue another round of tariffs on $267 billion of Chinese imports.