
President Donald Trump is expected to impose tariffs on Chinese goods as soon as Friday or next week, according to two sources briefed on internal deliberations, a move that is sure to further inflame tensions and spark almost immediate retaliation from Beijing, reports Politico.
The administration on Friday is planning to publish a final list of Chinese goods that will take the hit.
Peter Navarro, one of Trump’s senior trade advisers, said on Tuesday that the president is planning to impose tariffs on a “subset” of Chinese imports that the administration included in an original list of roughly $50 billion in targeted products in April.