China tariffs on $60B of US goods officially take effect

Tariffs to hit tomorrow

China’s higher tariffs on the majority of US products on a $60 billion target list take effect as of local time 12:01 am in Beijing, which just passed.
The tariffs were announced May 13 in response to US actions. Tariffs rise to 20-25% from 5-10% on most of the goods on the list.