chinese goods could be raised from 10% to 25%. they would cover things like fruits and vegetables, handbags, refrigerators, rain jackets, even baseball gloves. china's foreign ministry moments ago saying blackmailing and pressure by the u.s. will never work and promising to take countermeasures, if needed. the u.s. has already imposed 25% tariffs on chinese goods worth $34 billion. china quickly retaliated with tariffs on $34 billion in american goods. the president addressed the trade war at a rally in tampa last night. >> china and others, remember this, have targeted our farmers. not good. not nice. and you know what our farmers are saying? it's okay. we can take it. these are incredible people. we can take it. now we're going to open up markets. we're going to do it the way it should be. and all of this stuff, you're going to make it back and it's going to be made back faster than anybody would know, but we