on. the president says trade with china is unfair, the situation no longer sustainable. he's targeting technology that china has vowed to dominate. xi jinping's made in china 2025 initiative. there will be a 25% tariff on 11 or so product categories, what the u.s. calls technologies. like aerospace equipment, tech industry, manufacturers, medical supplies. they can either absorb the cost or pass it on to consumers. china said the u.s. kept changing its mind and now decide to do launch a trade war. the tariff tiff has been on and off. this first started in march. multiple rounds of a tariff, a cease fire in may, then that agreement with north korea, essentially a win for china, but $15 billion in tariffs, anyway.