April 16, 2024, 5:44 pm


A H Khan

Published:
2018-09-25 00:51:09 BdST

Biggest US tariffs on China take effect


A new round of US tariffs on Chinese goods has kicked in, the largest yet in the escalating trade war between the economic superpowers.

The US started imposing tariffs on $200bn ($152bn) worth of Chinese products from 12:01 Beijing time (04:01 GMT), in response to what it says are unfair trading practices by China.

China retaliated by targeting $60bn of US goods with extra duties, BBC reports. 

It says the US has started the "largest trade war in economic history".

The latest move takes the total amount of Chinese imports hit by US tariffs since July up to $250bn. This means about half of all Chinese imports to the US are now subject to these new duties.

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