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Trump's "I mean it" moment with China

An illustration of a Chinese dragon caught in a cage
Illustration: Lazaro Gamio/Axios

President Trump's plan to turn threats against China into actual tariffs could turn a trade spat into a trade war, and sources familiar with his thinking say he has no hesitation about potentially disrupting the world economy.

What to watch: Today, Trump "will announce a 25 percent tariff on $50 billion of Chinese products," the WashPost reports. "The tariffs, which Trump set in motion in March, are a response to China’s practice of compulsory technology licensing for foreign companies and its efforts to steal U.S. trade secrets via cybertheft."