China plans to levy $60 billion as tariffs on US goods in retaliation to the 10 per cent tariffs that the Trump administration levied on $200 billion Chinese goods. The tariffs will be on items ranging from meat to wheat and textiles, and will take effect on September 24. President Trump has also threatened additional punitive measures against China if it targets "politically potent" US agricultural products. Earlier too, the Trump had levied a 25 percent tariff on about $50 billion in Chinese goods, and China responded in kind.

The American Apparel & Footwear Administration (AAFA), during its public review detailed the extreme damage this new tax will cause to the industry and its four million US workers. However, most of those pleas were ignored.