Major Chinese ports have started clearing goods from the United States on Monday, as new tariffs on U.S. imports have gone into effect, three sources told Reuters, as a trade spat between Beijing and Washington escalated into an outright war last Friday. Customs officers had delayed the clearance of some U.S. goods on Beijing’s penalty list last Friday, as they waited for official instructions from the central government on whether to start collecting the new import tariffs. Local customs at the port of Qingdao have let through American products they held up on Friday, and imposed higher tariffs …read more
Source:: Yahoo Finance
