Trade war unleashed, officially: Trump takes aim at $500 bn Chinese goods

US Customs and Border Protection said in a notice it would begin collecting the 25 per cent duties on 818 product lines identified in June by the US Trade Representative's Office

President Donald Trump has said the United States may ultimately impose tariffs on more than a half-trillion dollars’ worth of Chinese goods as the world’s two largest economies hurtled toward the start of a trade war.
 
Trump, who announced the US starting to collect tariffs on $34 billion worth Chinese goods after midnight Thursday, warned that subsequent rounds could see tariffs on more than $500 billion of goods, or roughly the total amount that the US imported from China last year. “You have another 16 (billion dollars) in two weeks, and then, as you know, we have $200 billion