https://www.reuters.com/article/us-usa-trade-china-ministry/trump-sets-50-billion-in-china-tariffs-with-beijing-ready-to-strike-back-idUSKBN1JB0KC

U.S. President Donald Trump announced hefty tariffs on $50 billion of Chinese imports on Friday as Beijing threatened to respond in kind, in a move that looks set to ignite a trade war between the world's two largest economies.