KEY POINTS
  • The U.S. releases a list of Chinese goods — with an annual trade value of about $200 billion — that may be subjected to 10 percent tariffs.
  • That list includes electronics, fish, produce, beauty goods and more.
Workers manufacture cotton yarn at a factory in Dali county, Shaanxi province, China.

The Trump administration on Tuesday released a list of Chinese goods — with an annual trade value of about $200 billion — that may be subjected to 10 percent tariffs.

That was the latest salvo in an escalating trade war between the world's two largest economies. On Friday, the U.S. initiated a round of 25 percent levies on $34 billion worth of Chinese goods, which affected products such as water boilers, X-ray machine components, airplane tires and various other industrial parts. China soon after implemented retaliatory tariffs on its own list of $34 billion worth of American goods, including soybeans, pork and electric vehicles.