US starts charging steeper tariffs on Chinese goods

Mark RALSTON / AFP

The USA has started collecting steeper tariffs on Chinese goods that arrive by sea.

It's the latest development in what is becoming an increasingly bitter trade war between the two countries.

Since last month, the US began imposing a tariff increase on a USD $200 billion list of Chinese goods

However US President Donald Trump allowed for a grace period specifically for maritime cargo that left China's ports before May 10. 

But that deadline expired at 12:01 a.m. EDT on Saturday.

That means all border protection authorities are now collecting the new, increased 25 per cent tariff rate at all US ports.

More from Business News

On Virgin Radio today

Trending on Virgin Radio

  • Bassem Youssef

    One of the most talked about comedians in the world takes over The Kris Fade Show. Watch the full interview here...

  • Ed Sheeran - UAE EXCLUSIVE

    Latest album, what happened with BTS, raising a baby girl, eye surgery, and more!

  • Mais Vault on the Kris Fade Show!

    The boys tried their 'pick up' lines on Mais Vault and things did not go according to plan...

  • Untold Dubai

    It arrived: The UAE's First Mega Music Festival at Expo City Dubai!