WASHINGTON/BEIJING -- The U.S. slapped fresh tariffs on Chinese goods on Sunday to bring the average to more than 20%, comparable with levels seen during the protectionist era preceding World War II.
At 12:01 a.m. EDT, the U.S. imposed additional tariffs of 15% on about $110 billion in imports from China, covering 3,243 items. Consumer goods account for about half -- far more than the 20%-plus of the previous round last September, which included such products as furniture. China's corresponding tariffs against U.S. products took effect at the same time.
