White House slaps 25% tariff on $50 billion worth of Chinese goods

‘The China tariffs are back on.
On Tuesday, the White House said the administration would proceed with its proposal to impose 25% tariffs on $50 billion worth of goods from China, and place new limits on Chinese investments in US high-tech industries.

The decision comes after top administration officials have tried to dampen fears of a trade war.’ https://goo.gl/WXX7df