It’s September’s first day, marked by a fresh round of Chinese import tariffs that came into effect on Sunday. In the recent escalation of the trade war with China, the Trump administration has placed a tariff of 15 percent on Chinese goods worth $112 billion, something customers can expect to feel when purchasing everything from milk to diapers to some China-made tech products like the Apple Watch.
There is some hope for tariff peace: talks between Chinese and American trade negotiators are still planned this month, Trump said to journalists on Friday before heading to the presidential retreat at Camp David. But he kept his determination to continue the trade war. “We will win the battle,” he said.