Trump announces new tariffs on $200 billion in Chinese goods
President Trump announced Monday that he is slapping additional tariffs on roughly $200 billion in Chinese imports and threatened to impose even more levies amid an escalating trade dispute. A 10 percent tariff will go into effect Sept. 24, the president said in a statement, and increase to 25 percent on Jan. 1, 2019. If China retaliates, Mr. Trump threatened…