China Tariffs on $16B US Goods

China slaps 25% tariffs on $16 billion worth of US goods
The Chinese Ministry of Commerce announces a 25 percent charge on $16 billion worth of U.S. goods, including vehicles such as large passenger cars and motorcycles.
China's announcement comes after the U.S. Trade Representative's office released a finalized list of $16 billion worth in Chinese goods that will be hit with tariffs.