After Trump's new round of tariffs, China may either have to blink or widen the trade war

Tuesday’s proposed tariffs would assess a smaller 10% tax on $200 billion of Chinese goods, but unlike the previous tranche of levies, these include many familiar household products such as electronics, appliances, furniture, some apparel and footwear. That sparked immediate fire from the National Retail Federation, which called the latest Trump administration plan “a reckless strategy that will boomerang back to harm U.S. families and workers.”