ABC News: Trump Escalates China Trade War by Announcing New Tariffs

‘The era of economic surrender is over’

EXCERPT:

PHILLIPS (voice-over): "And also touting a trade policy that could hit his supporters in rural America."
TRUMP: "The era of economic surrender is over."
PHILLIPS (voice-over): "Just hours after announcing another 10 percent tariff on $300 billion of Chinese products."
TRUMP: "Until such time as there is a deal, we will be taxing the hell out of China. That's all there is, okay?"
PHILLIPS (voice-over): "The tariffs likely to raise prices on a wide range of consumer goods for Americans. China responding with tariffs of their own, hiking taxes on crops imported from the U.S., impacting American farmers' bottom lines. Potentially a tough sell in battleground Ohio, but trump standing firm."
TRUMP: "China is paying for those tariffs."

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