https://wccftech.com/higher-tariffs-starting-1st-september-trade-war-escalates/ > With the start of September, the ongoing US-China trade war kicks into high(er) gear with an additional round of tariffs in the tit-for-tat war. The tariffs set to go into effect from September 1st are retaliation against Chinese tariffs put into effect on $75 billion of US goods after the countries failed to reach an agreement and trade negotiations broke down. US President Donald Trump had also “ordered” companies to leave China in the wake of the unsuccessful negotiations. The tariffs were formally entered into the federal register on Friday – ending hopes by analysts for any last-minute relief to major firms like Apple (NASDAQ:AAPL)(over 46 out of 50 Apple products could face tariffs by year-end). > The latest round of tariffs is set at 15% (after Donald Trump slapped an additional 5% on top of the originally announced 10 %, shortly after a meetup with Apple CEO Tim Cook) and cover an additional $300 billion worth of imports from China. These are set to go effect in batches, the first tranche will activate on September 1 with the second following on the rest of the goods on December 15.