A Chinese and U.S. flag at a booth during the first China International Import Expo in Shanghai.
Johannes Eisele | AFP | Getty Images
China on Sunday started to impose additional tariffs on some of the U.S. goods on a $75-billion target list, with effect from 4:01 a.m. GMT.
The extra 5% and 10% tariffs were levied on 1,717 items of a total of 5,078 products originating from the United States. Beijing will start collecting additional tariffs on the rest of the items from Dec. 15.
Beijing started levying a 5% tariff on U.S. crude oil from Sunday, the first time U.S. oil has been targeted since the world’s two largest economies started their trade war more than a year ago.
