What Happened The trade war between China and the United States has escalated yet again. Just hours after U.S. President Donald Trump said he was following through on his threat to slap new tariffs on $200 billion worth of Chinese goods, China responded by announcing tariffs on $60 billion in U.S. products. The U.S. tariffs, 10 percent on a range of goods including electronic and machinery products that are part of the Made-in-China 2025 program targeted by Trump, as well as some consumer products such as furniture and household appliances, would take effect Sept. 24 and would increase to 25 percent on Jan. 1, 2019. As he announced the latest round of tariffs on Sept. 17, Trump added that if China responded in kind, he would begin the process of authorizing tariffs on a further $267 billion in Chinese imports.