took effect immediately

BEIJING | US tariffs take effect, China retaliates

BEIJING  — The United States hiked tariffs on Chinese imports Friday and Beijing said it immediately retaliated in a dispute between the world’s two biggest economies that President Donald Trump says he is prepared to escalate. Washington increased tariffs at 12:01 a.m. Eastern time on $34 billion worth of Chinese imports, a first step in … Continue reading BEIJING | US tariffs take effect, China retaliates