China imposed tariffs on U.S. imports and warned several companies, including Google, of possible sanctions in retaliation for Trump's tariffs. Read also: China supports Trump’s plan to resolve Ukraine crisis,

Beijing responded with retaliatory measures after President Trump’s announced a 10% tariff on all Chinese goods. CNBC correspondent Megan Casella reports on what this means for consumers.

Earlier this week, in a tit-for-tat move, Beijing said it would implement a 15 per cent tariff on coal and liquefied natural gas products along with a 10 per cent tariff on crude oil