Trump to impose another round of tariffs on Chinese goods

The details: About 300 categories were removed from the initial proposed list of items that were set to face tariffs—including smart watches, bicycle helmets, and car seats—but this most recent round will still hit consumer goods.

What to watch: Retaliation from China and backlash from companies on U.S. soil. In anticipation of this announcement, executives have spoken out against the potential impact these tariffs could have on businesses and consumers. Expect more rallying cries from CEOs and trade groups now that the new tariffs are official.