Trump Will Impose Tariffs on $200 Billion of Chinese Goods

President Trump “has decided to impose tariffs on $200 billion in Chinese goods, two people briefed on the decision said, one of the most severe economic restrictions ever imposed by a U.S. president,” the Washington Post reports.

“An announcement is expected to come within days… The new tariffs would apply to more than 1,000 products, including smartphones, televisions and toys. These penalties could drive up the cost of a range of products ahead of the holiday shopping season, though it’s unclear how much.”