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US President Donald Trump announces 25 percent tariff on Chinese technology
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US President Donald Trump announces 25 percent tariff on Chinese technology
Jun 15, 2018 9:15 AM

President Donald Trump on Friday announced that the United States will implement a 25 percent tariff on $50 billion of goods from China related to intellectual property and technology, and pledged to impose further levies if the Asian nation takes retaliatory measures.

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Trump said the tariff list includes goods from China's "Made in China 2025" strategic plan to dominate high-technology industries that will "drive future economic growth for China, but hurt economic growth for the United States and many other countries."

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