China imposes retaliatory tariffs on $60 bn of US imports
China on Tuesday announced tariffs on US goods worth $60 billion, in retaliation to the 10% import tariffs imposed on its products by the US. Tariffs of 5% and 10% will be levied on 5,207 types of US goods which will take effect on September 24, the same date when the US' tariffs on Chinese goods will come into force.