Sep 7, 2018 - Economy

Trump to move ahead with $200 billion tariffs on China

Donald Trump seemingly talking angrily while walking across the White House lawn

Photo: Win McNamee/Getty Images

While speaking to reporters aboard Air Force One, President Trump announced he plans to move ahead with tariffs on $200 billion worth of Chinese goods and threatened further action on another $267 billion if China retaliates, the Washington Post reports.

"Now we’ve added another $200 billion. And I hate to say that, but behind that, there’s another $267 billion ready to go on short notice if I want. That totally changes the equation."

Why it matters: The trade war between the U.S. and China continues to escalate, and could ultimately have serious impacts on American workers.

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