A trade dispute is escalating between two countries. Countermeasures have been announced, with tariffs to be imposed on various goods. These tariffs will range from 15% to 50% and will affect exports such as steel and electronics. The move is a response to previous tariffs imposed by the other country.

Further details are available about the affected goods and the timeline for implementation. The tariffs are set to take effect on September 8.

The trade dispute has been ongoing, with previous talks breaking down and leading to the current situation.