Trump to hit China with $16B in tariffs on Aug. 23

[Yo_Mama_Been_Loggin]

Trump will impose 25 percent tariffs on $16 billion worth of Chinese imports starting Aug. 23, the United States Trade Representative announced Tuesday.

The tariffs will affect goods such as electronic parts, plastics, chemicals, batteries, and railway cars.

The new round of tariffs completes Trump's threat to impose $50 billion of import taxes on Chinese goods. The first $34 billion-worth went into effect on July 6.

China has already slapped back at the U.S. with its own tariffs on American goods, specifically targeting products from politically sensitive areas. It is expected to respond in kind to the latest round of tariffs.

http://thehill.com/policy/finance/400791-trump-to-hit-china-with-16b-in-tariffs-on-aug-23?userid=229233

[ProudMNDemocrat]

1. Did Trump think China would not hit back?

As they slap tariffs on stuff Americans buy . No one wins in a trade war.