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Trump warns China not to retaliate against new tariffs

Trump speaking before issuing trade sanctions against China
Photo: Mandel Ngan/AFP via Getty Images

President Trump announced Friday that he's following through with his threats — the administration will begin implementing a 25% tariff on $50 billion of goods from China that contain industrially significant technologies.

One big thing: The statement also sent a warning that the U.S. will pursue additional tariffs if China retaliates with tariffs or punitive actions against American exporters or American companies operating in China. Go deeper: The list of goods targeted