Trump threatens new tariffs on China

The U.S. will impose tariffs on an additional $300 billion in Chinese imports beginning on Sept. 1.
0:20 | 08/01/19

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Transcript for Trump threatens new tariffs on China
The president announced in a tweet that he will apply a 10% tariff on about 300 billion dollars worth of Chinese products. Beginning in September now this would be on top of the tariffs he has already impose that have already cost Americans billions of dollars and are hitting American farmers the hardest. The news comes amid ongoing trade talks that appear at this point to be going nowhere.

This transcript has been automatically generated and may not be 100% accurate.

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