Import tariffs on $16b of US and Chinese products come into effect

United States President Donald Trump’s previously announced import tariffs on $16 billion worth of Chinese products have come into effect, just as China responds with tariffs on an equal amount of US products. US Customs and Border Protection confirmed on its website that from 12.01am ET on Thursday, it will begin collecting an extra 25 percent in duties on 279 Chinese import products valued at $16 billion, said to be heavy on industrial products including steam turbines and iron girders.

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