Kudlow says new tariffs announcement "coming soon"

An announcement about additional tariffs on Chinese goods is imminent, White House economic advisor Larry Kudlow said on Monday, adding that President Trump has "not been satisfied" with trade negotiations with China.

Why it matters: There have been reports that the Trump administration was moving ahead with tariffs on $200 billion in Chinese goods, and Kudlow said recent stories about the trade war escalation have been "more or less correct."