President Donald Trump has announced wide-reaching tariffs on Chinese goods.
Trump signed a presidential memorandum Thursday at the White House targeting China's "economic aggression."
He has repeatedly accused China of unfair trade practices like currency manipulation and stealing U.S. intellectual property.
Officials say the new tariffs will be applied to at least $50 billion worth of Chinese imports in dozens of categories — including clothing and consumer electronics. China previously warned it would retaliate if the U.S. decided to go through with its tariff plans.
