As Tariffs Go Into Effect, China Retaliates With Swift Response

According to a report by Business Insider, President Donald Trump's tariffs on 34 billion-dollars worth of Chinese goods went into effect at midnight on Friday, prompting a swift response from China and potentially sparking an unpredictable trade war. Following Trump's decision, China announced retaliatory tariffs on 34 billion-dollars of US goods. The Trump administration claims that tariffs are necessary to protect the intellectual property of US businesses and national security.