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Trump's Plan to Impose Stiff Tariffs on China

Chinese officials threaten to retaliate against specific industries.

By Andrew Mayeda, Jennifer Jacobs & Saleha Mohsin | Updated on March 22, 2018

President Donald Trump is set to announce about $50 billion of tariffs against China over intellectual-property violations on Thursday, opening a new front in an escalating global trade skirmish that is shaking financial markets.

The president is considering targeting more than 100 different types of Chinese goods from shoes to electronics, according to a person familiar with the matter, who spoke on the condition of anonymity. The value of the tariffs was based on U.S. estimates of economic damage caused by intellectual-property theft by China, the person said.

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