Trade war watch: China threatens 30 percent tariff on U.S. nylon

Nylon seems like an innocuous enough product, but the material used to make goods like rope and pantyhose appears to have pushed the United States and China closer to a full-blown trade war.

Accusing U.S. nylon manufacturers of dumping Nylon 6 on the Chinese market, China's Ministry of Commerce has made a preliminary decision to impose a steep 30 percent tariff on the material -- also known as polycaprolactam -- the agency's website says.