WASHINGTON (REUTERS) - The United States began collecting higher, 25 per cent tariffs on many Chinese goods arriving in US seaports on Saturday (June 1) morning in an intensification of the trade war between the world's two largest economies and drawing retaliation from Beijing. US President Donald Trump imposed the tariff increase on a US$200 billion (S$275 billion) list of Chinese goods on May 10, but had allowed a grace period for sea-borne cargoes that departed China before that date, keeping them at the prior, 10 per cent duty rate. The US Trade Representative's office in a May 15 Fede...
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