President Donald Trump officially rolled out tariffs on roughly $50 billion worth of Chinese goods Friday, and threatened even more measures if the Chinese government hits back.

“In light of China’s theft of intellectual property and technology and its other unfair trade practices, the United States will implement a 25 percent tariff on $50 billion of goods from China that contain industrially significant technologies,” Trump said in a statement. “This includes goods related to China’s Made in China 2025 strategic plan to dominate the emerging high-technology industries that will drive future economic growth for China, but hurt economic growth for the United States and many other countries.”

via Trump ignites trade war with China, officially announces tariffs on $50 billion worth of Chinese goods – AOL News

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Trump ignites trade war with China, officially announces tariffs on $50 billion worth of Chinese goods – AOL News

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