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US imposes new tariffs on $200bn of Chinese goods

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The US is imposing new tariffs on 200 billion dollars worth of Chinese goods as it escalates its trade war with Beijing.
The higher import taxes will apply to almost six thousand 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 the 24th of this month starting at ten percent and increasing to 25 percent from the start of next year unless the two countries agree to a deal.

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