President Donald Trump announced on June 15 that he would go ahead with the proposed tariffs on $50 billion worth of Chinese goods, doubling down on his promise to level the playing field and defend against improper intellectual property theft by China.
China retaliated hours later by announcing its own 25-percent tariffs on $50 billion worth of U.S. products. The implementation timeline largely mirrors the United States,’ with tariffs focusing on agricultural imports.
