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Trump launches the second phase of his trade war

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Photo: Artur Widak / NurPhoto via Getty Images

Trump's anti-China tariffs, which push back at the country's intellectual property practices, will include a potential list of 1,300 products and a hopeful tag of $60 billion, the president said today. Trump said he's asked China to immediately reduce the trade deficit by $100 billion. The tariffs include a 30-day public comment period before taking effect.

Go deeper: Jonathan Swan explains the coming trade war.