The United States is expected to announce $50 billion in U.S. tariffs on Chinese goods on Friday, a decision President Donald Trump sanctioned on Thursday afternoon, according to a report from the Wall Street Journal (WSJ).

The decision is in line with the president’s March directive to the U.S. Trade Representatives office to conduct a section 301 investigation into Chinese trade practices.

President Trump met with senior trade, economic, and national security advisers at the White House Thursday afternoon, CNBC reported earlier in the day, citing three sources familiar with the potential tariff announcement. That report predicted an estimated 800-900 Chinese products. That is down from the approximately 1,300 the U.S. Trade Representative suggested in April.

A White House official did not deny the possibility of a Friday tariff announcement. The White House did not list the meeting between Trump and the officials on a daily schedule of meetings, and the official said that they do not produce lists of attendees for private meetings.

The WSJ reported that the meeting involved unnamed senior officials from the White House, U.S. Trade Representative’s office, Treasury and Commerce departments, and national security officials.

USTR is expected to release the list of affected goods on Friday.

President Trump warned in March that the U.S. may choose to impose $50 billion in tariffs on Chinese goods, citing China’s unfair trading practices, intellectual property practices and forced transfer of technology. He charged USTR with conducting a section 301 investigation into the matter.

A USTR report cited in the initiation of the 301 investigation stated, “As the global economy has increased its dependence on information systems in recent years, cyber theft became one of China’s preferred methods of collecting commercial information because of its logistical advantages and plausible deniability.”

China threatened $50 billion in tariffs on the U.S. in retaliation to the proposed $50 billion in U.S. tariffs on China. President Trump shot back with a warning of up to an additional $100 billion in U.S. tariffs on China. Chinese President Xi Jinping seemed to relent to some extent in response, showing a willingness to lower Chinese tariffs on U.S. auto imports to their country.

The White House has said that Xi’s response is encouraging but that the U.S. would not relent in proposed tariffs until the Trump administration sees “concrete actions from China.”</s>WASHINGTON (AP) — The Latest on President Donald Trump's tariffs on Chinese goods (all times local):

China plans to impose 25 percent tariffs on roughly $50 billion of U.S. goods in retaliation for the Trump administration's announcement Friday that it would impose duties of the same amount on $50 billion of Chinese goods, according to a report from the official news agency Xinhua.

The tariffs will come in two steps, beginning with duties on 545 U.S. products worth $34 billion that will be focused on farm goods, cars and seafood, Xinhua said.

A second round of tariffs, to be imposed on an unspecified date, on 114 items worth $16 billion will mostly hit chemicals, medical equipment and energy products.

Trump has threatened to hit China with duties on another $50 billion of goods if it retaliates. China "has noticed the U.S. statement" and "reserves its rights to take corresponding measures," a government official said, according to Xinhua.

China has quickly released some details on the retaliatory tariffs it plans to impose on U.S. goods. Chinese officials say they will slap duties on 545 U.S. products on July 6, according to a report in the Wall Street Journal.

The tariffs will be imposed on farm products, autos and seafood, the Journal report says.

The Chinese Commerce Ministry also says it will impose duties of "the same scale and intensity" in response to the Trump administration's move to slap tariffs on $50 billion of Chinese goods.

It's a quick response from the Beijing government to President Donald Trump's tariff increase on Chinese goods.

The Chinese Commerce Ministry says it will immediately impose penalties of "equal strength" on U.S. products.

The ministry says it's also scrapping deals to buy more American farm goods and other exports — steps that were intended to help ease a dispute over China's trade surplus and China's technology policy.

A ministry statement isn't giving details, but a $50 billion list of possible targets announced in April included soybeans, light aircraft, orange juice, whiskey and beef.

Trump's tariffs are in response to complaints that Beijing steals or pressures foreign companies to hand over technology.

President Donald Trump is hailing his "very big tariffs" on China.

Trump is speaking Friday on the North Lawn of the White House, just as his administration just announced a 25 percent tariff on up to $50 billion worth of Chinese imports.

Trump says there is "great brain power" in this country. He adds: "'There is no trade war. They've taken so much."

Trump also defended his trade clash at a recent meeting of the Group of Seven industrialized nations. He again complained that he had been blindsided by Canadian Prime Minister Justin Trudeau's criticism of his tariff threats at a summit-ending news conference.

The Trump administration is announcing a 25 percent tariff on $50 billion worth of Chinese imports, escalating a trade dispute between the world's two largest economies.

President Donald Trump has vowed to clamp down on what he calls China's unfair trade practices. China has said that it will retaliate with $50 billion in tariffs in response, rattling financial markets.

It comes in the aftermath of Trump's nuclear summit with North Korean leader Kim Jong Un (kim jawng oon) and his push for China to maintain economic pressure on the North.

Trump has already slapped tariffs on steel and aluminum imports from Canada, Mexico, Europe and Japan, drawing a rebuke from U.S. allies.

Copyright 2017 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.</s>President Donald Trump at a state dinner at the Great Hall of the People in Beijing on November 9. Pool/Thomas Peter via Associated Press

WASHINGTON — US President Donald Trump will meet with his top trade advisers on Thursday to decide whether to activate threatened tariffs on billions of dollars in Chinese goods, a senior Trump administration official said.

Trump on Friday is due to unveil revisions to his initial tariff list targeting $50 billion of Chinese goods. People familiar with the revisions said the list would be slightly smaller than the original, with some goods deleted and others added, particularly in the technology sector.

Another administration official said that a draft document showed that the new list would still be close to $50 billion, with about 1,300 product categories, but that both the dollar amount and the quantity of products were still subject to change.

It remains unclear when Trump would activate the tariffs if he decides to do so. Several industry lobbyists told Reuters they expected the move to come as early as Friday, with publication of a Federal Register notice, or it could be put off until next week.

Under the 1974 trade law that Trump invoked to pursue a tariff investigation into China's intellectual-property practices, he could delay the activation by 30 days. He can also delay the tariffs by another 180 days if the US Trade Representative's office finds that negotiations with China are yielding progress.

"The president's trade team has recommended tariffs. If there are not tariffs, it will be because the president has decided that he's not ready to implement tariffs," a person familiar with the administration's deliberations told Reuters.

But that recommendation came before Trump's trip late last week to Canada for the G7 leaders summit and to Singapore for the nuclear summit with North Korean leader Kim Jong Un. Trump arrived in Washington early on Wednesday morning.

Trump told Fox News in an interview aired on Wednesday that he was "very strongly clamping down on trade" with China.

Asked how strong, Trump said: "Well, I think very strongly. I mean you'll see over the next couple of weeks. They understand what we are doing."

Trump did not specifically mention the tariffs and added that he had "a very good relationship with President Xi (Jinping) of China."

The move toward activating US tariffs on Chinese goods follows negotiations between US and Chinese officials centered on increased purchases by Beijing of American farm and energy commodities and cutting the US trade deficit with China.

Commerce Secretary Wilbur Ross earlier this month met with Chinese officials in Beijing and brought back a Chinese proposal to purchase about $70 billion worth of additional commodities and manufactured goods. But that offer has not been accepted by Trump, people familiar with the matter said.

The administration's trade hawks, including US Trade Representative Robert Lighthizer and the White House trade and manufacturing adviser Peter Navarro, have been pushing for a tougher approach to the negotiations to address US allegations that China has misappropriated American intellectual property through joint-venture requirements, state-backed acquisitions of US technology firms, and outright theft.</s>WASHINGTON — The Latest on President Donald Trump’s tariffs on Chinese goods (all times local):

China plans to impose 25 percent tariffs on roughly $50 billion of U.S. goods in retaliation for the Trump administration’s announcement Friday that it would impose duties of the same amount on $50 billion of Chinese goods, according to a report from the official news agency Xinhua.

The tariffs will come in two steps, beginning with duties on 545 U.S. products worth $34 billion that will be focused on farm goods, cars and seafood, Xinhua said.

A second round of tariffs, to be imposed on an unspecified date, on 114 items worth $16 billion will mostly hit chemicals, medical equipment and energy products.

Trump has threatened to hit China with duties on another $50 billion of goods if it retaliates. China “has noticed the U.S. statement” and “reserves its rights to take corresponding measures,” a government official said, according to Xinhua.

China has quickly released some details on the retaliatory tariffs it plans to impose on U.S. goods. Chinese officials say they will slap duties on 545 U.S. products on July 6, according to a report in the Wall Street Journal.

The tariffs will be imposed on farm products, autos and seafood, the Journal report says.

The Chinese Commerce Ministry also says it will impose duties of “the same scale and intensity” in response to the Trump administration’s move to slap tariffs on $50 billion of Chinese goods.

It’s a quick response from the Beijing government to President Donald Trump’s tariff increase on Chinese goods.

The Chinese Commerce Ministry says it will immediately impose penalties of “equal strength” on U.S. products.

The ministry says it’s also scrapping deals to buy more American farm goods and other exports — steps that were intended to help ease a dispute over China’s trade surplus and China’s technology policy.

A ministry statement isn’t giving details, but a $50 billion list of possible targets announced in April included soybeans, light aircraft, orange juice, whiskey and beef.

Trump’s tariffs are in response to complaints that Beijing steals or pressures foreign companies to hand over technology.

President Donald Trump is hailing his “very big tariffs” on China.

Trump is speaking Friday on the North Lawn of the White House, just as his administration just announced a 25 percent tariff on up to $50 billion worth of Chinese imports.

Trump says there is “great brain power” in this country. He adds: “’There is no trade war. They’ve taken so much.”

Trump also defended his trade clash at a recent meeting of the Group of Seven industrialized nations. He again complained that he had been blindsided by Canadian Prime Minister Justin Trudeau’s criticism of his tariff threats at a summit-ending news conference.

The Trump administration is announcing a 25 percent tariff on $50 billion worth of Chinese imports, escalating a trade dispute between the world’s two largest economies.

President Donald Trump has vowed to clamp down on what he calls China’s unfair trade practices. China has said that it will retaliate with $50 billion in tariffs in response, rattling financial markets.

It comes in the aftermath of Trump’s nuclear summit with North Korean leader Kim Jong Un (kim jawng oon) and his push for China to maintain economic pressure on the North.

Trump has already slapped tariffs on steel and aluminum imports from Canada, Mexico, Europe and Japan, drawing a rebuke from U.S. allies.

Copyright 2018 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.</s>President Donald Trumpapproved tariffs on about $50 billion of Chinese goods, people familiar with the decision said, as the U.S. ratchets up its trade fight with Beijing over China’s alleged pressure on U.S. firms to transfer technology to Chinese partners.

The approval followed a 90-minute meeting on Thursday of senior White House officials, national-security officials and senior representatives of the Treasury, Commerce Department, U.S. Trade Representative’s Office.</s>China has hit back at Donald Trump's decision to impose tariffs on $50bn (£37bn) worth of its goods by responding in kind as the tit-for-tat trade war heats up.

​The US president yesterday unveiled the 25 per cent tariffs, designed to combat what he says is China's theft of America's intellectual property. The US says it wants to stop the transfer of its products and designs over to Chinese companies.

China’s finance ministry said it would respond with tariffs “of the same scale and strength”. Its own 25 per cent tariffs would cover 659 US products including soybeans, cars and seafood.

The value of the goods has matched the US at $50bn, but the list of affected products was six times larger than the one floated in April.

On veiling the tariffs yesterday, Trump said: "In light of China’s theft of intellectual property and technology and its other unfair trade practices, the US will implement a 25 per cent tariff on $50bn of goods from China that contain industrially significant technologies.

"The United States can no longer tolerate losing our technology and intellectual property through unfair economic practices."

Read more: Trump confirms he will slap tariffs on $50bn worth of Chinese goods</s>(Thomas Peter/Pool Photo via AP, File). FILE - In this Nov. 9, 2017, file photo, U.S. President Donald Trump China's President Xi Jinping arrive for the state dinner with the first ladies at the Great Hall of the People in Beijing, China. Trump is clos...

(AP Photo/Andy Wong). A Chinese national flag at Tiananmen Square flutters against the capital city tallest skyscraper China Zun Tower under construction at the Central Business District in Beijing Thursday, June 14, 2018. U.S. President Donald Trump a...

(AP Photo/Stephen B. Morton, File). FILE- In this Jan. 30, 2018, file photo, a ship to shore crane loads two shipping containers together onto a vessel at the Georgia Ports Authority's Port of Savannah in Savannah, Ga. China's government renewed its th...

WASHINGTON (AP) - The Latest on President Donald Trump's tariffs on Chinese goods (all times local):

China has quickly released some details on the retaliatory tariffs it plans to impose on U.S. goods. Chinese officials say they will slap duties on 545 U.S. products on July 6, according to a report in the Wall Street Journal.

The tariffs will be imposed on farm products, autos and seafood, the Journal report says.

The Chinese Commerce Ministry also says it will impose duties of "the same scale and intensity" in response to the Trump administration's move to slap tariffs on $50 billion of Chinese goods.

It's a quick response from the Beijing government to President Donald Trump's tariff increase on Chinese goods.

The Chinese Commerce Ministry says it will immediately impose penalties of "equal strength" on U.S. products.

The ministry says it's also scrapping deals to buy more American farm goods and other exports - steps that were intended to help ease a dispute over China's trade surplus and China's technology policy.

A ministry statement isn't giving details, but a $50 billion list of possible targets announced in April included soybeans, light aircraft, orange juice, whiskey and beef.

Trump's tariffs are in response to complaints that Beijing steals or pressures foreign companies to hand over technology.

President Donald Trump is hailing his "very big tariffs" on China.

Trump is speaking Friday on the North Lawn of the White House, just as his administration just announced a 25 percent tariff on up to $50 billion worth of Chinese imports.

Trump says there is "great brain power" in this country. He adds: "'There is no trade war. They've taken so much."

Trump also defended his trade clash at a recent meeting of the Group of Seven industrialized nations. He again complained that he had been blindsided by Canadian Prime Minister Justin Trudeau's criticism of his tariff threats at a summit-ending news conference.

The Trump administration is announcing a 25 percent tariff on $50 billion worth of Chinese imports, escalating a trade dispute between the world's two largest economies.

President Donald Trump has vowed to clamp down on what he calls China's unfair trade practices. China has said that it will retaliate with $50 billion in tariffs in response, rattling financial markets.

It comes in the aftermath of Trump's nuclear summit with North Korean leader Kim Jong Un (kim jawng oon) and his push for China to maintain economic pressure on the North.

Trump has already slapped tariffs on steel and aluminum imports from Canada, Mexico, Europe and Japan, drawing a rebuke from U.S. allies.

Copyright 2018 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.</s>President Donald Trumpapproved tariffs on about $50 billion of Chinese goods, people familiar with the decision said, as the U.S. ratchets up its trade fight with Beijing over China’s alleged pressure on U.S. firms to transfer technology to Chinese partners.

The approval followed a 90-minute meeting on Thursday of senior White House officials, national-security officials and senior representatives of the Treasury, Commerce Department, U.S. Trade Representative’s Office.</s>(Thomas Peter/Pool Photo via AP, File). FILE - In this Nov. 9, 2017, file photo, U.S. President Donald Trump China's President Xi Jinping arrive for the state dinner with the first ladies at the Great Hall of the People in Beijing, China. Trump is clos...

(AP Photo/Andy Wong). A Chinese national flag at Tiananmen Square flutters against the capital city tallest skyscraper China Zun Tower under construction at the Central Business District in Beijing Thursday, June 14, 2018. U.S. President Donald Trump a...

(AP Photo/Stephen B. Morton, File). FILE- In this Jan. 30, 2018, file photo, a ship to shore crane loads two shipping containers together onto a vessel at the Georgia Ports Authority's Port of Savannah in Savannah, Ga. China's government renewed its th...

WASHINGTON (AP) - The Latest on President Donald Trump's tariffs on Chinese goods (all times local):

China has quickly released some details on the retaliatory tariffs it plans to impose on U.S. goods. Chinese officials say they will slap duties on 545 U.S. products on July 6, according to a report in the Wall Street Journal.

The tariffs will be imposed on farm products, autos and seafood, the Journal report says.

The Chinese Commerce Ministry also says it will impose duties of "the same scale and intensity" in response to the Trump administration's move to slap tariffs on $50 billion of Chinese goods.

It's a quick response from the Beijing government to President Donald Trump's tariff increase on Chinese goods.

The Chinese Commerce Ministry says it will immediately impose penalties of "equal strength" on U.S. products.

The ministry says it's also scrapping deals to buy more American farm goods and other exports - steps that were intended to help ease a dispute over China's trade surplus and China's technology policy.

A ministry statement isn't giving details, but a $50 billion list of possible targets announced in April included soybeans, light aircraft, orange juice, whiskey and beef.

Trump's tariffs are in response to complaints that Beijing steals or pressures foreign companies to hand over technology.

President Donald Trump is hailing his "very big tariffs" on China.

Trump is speaking Friday on the North Lawn of the White House, just as his administration just announced a 25 percent tariff on up to $50 billion worth of Chinese imports.

Trump says there is "great brain power" in this country. He adds: "'There is no trade war. They've taken so much."

Trump also defended his trade clash at a recent meeting of the Group of Seven industrialized nations. He again complained that he had been blindsided by Canadian Prime Minister Justin Trudeau's criticism of his tariff threats at a summit-ending news conference.

The Trump administration is announcing a 25 percent tariff on $50 billion worth of Chinese imports, escalating a trade dispute between the world's two largest economies.

President Donald Trump has vowed to clamp down on what he calls China's unfair trade practices. China has said that it will retaliate with $50 billion in tariffs in response, rattling financial markets.

It comes in the aftermath of Trump's nuclear summit with North Korean leader Kim Jong Un (kim jawng oon) and his push for China to maintain economic pressure on the North.

Trump has already slapped tariffs on steel and aluminum imports from Canada, Mexico, Europe and Japan, drawing a rebuke from U.S. allies.

Copyright 2018 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.</s>The U.S. will implement a tariff on $50 billion in goods from China, the White House announced Friday, setting up a back-and-forth with the country that quickly retaliated with a tariff on products from the U.S.

At the same time, President Donald Trump denied Friday that he was engaged in a "trade war" with China.

"This situation is no longer sustainable. China has, for example, long been engaging in several unfair practices related to the acquisition of American intellectual property and technology," Trump said in a statement announcing the move.

"We just announced very big tariffs today on China because China has been, you know, look, he is my friend, President Xi, he is a great man and a wonderful guy but at some point, we have to straighten it out. We lost $500 billion in trade deficits last year. We can't do that," Trump said later Friday morning on "Fox and Friends" broadcasting from the White House North Lawn.

"We'll do $50 billion, on $50 billion of high technology equipment and other things coming into the country because so much of our secrets, we have the great brain power in silicon valley and China and others. Steal those secrets. We'll protect those secrets. Those are crown jewels for this country," the president said.

Trump said the 25 percent tariff is supported by a report from the Office of the U.S. Trade Representative that found China's trade practices related to technology and intellectual property are discriminatory and burden the U.S. economy. The tariff will affect mostly industrial products used by the aerospace, robotics, and information technology industries, according to the Office of the Trade Representative.

Sen. Dick Durbin, D-Ill., also tweeted that farmers have a lot to lose from Trump's trade wars.

Another Democrat, Sen. Sherrod Brown of Ohio, tweeted that the tariffs are an important step to reset the trade imbalance with China.
China responds with an additional tariff of 25% on $34 billion of U.S. goods, to come into effect on July 6, and tariffs on other goods to be announced at a later date.