(UTV|COLOMBO) – The United States (US) is imposing new tariffs on USD 200 billion worth of Chinese goods as it escalates its trade war with Beijing.
These will apply to almost 6,000 items, marking the biggest round of US tariffs so far.
Handbags, rice and textiles will be included, but some items expected to be targeted such as smart watches and high chairs have been excluded.
China has previously vowed to retaliate against any further US tariffs.
The taxes will take effect from 24 September, starting at 10 per cent and increasing to 25 per cent from the start of next year unless the two countries agree a deal.
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