US-China trade war: First round of tariffs due to be introduced on Sunday
The US on Sunday is expected to hit billions of dollars worth of Chinese products with 15 per cent duties, in the first of two rounds of new tariffs, a move that will further escalate the ongoing trade war between the two economic giants.
So far, Washington has imposed tariffs on some $250 billon of Chinese goods, while Beijing has retaliated with tariffs on $110 billion of US products. Image source: Reuters