now he has ordered the trade representative to draw up more tariffs, not only that, but trump says that if china reciprocates again which beijing adds that it will, the u.s. will add more tariffs. that nearly equals the total value of chinese goods exported to the u.s. last year which was just over $505 billion. last year the u.s. exported roughly $130 billion worth of goods to china and the vice president which represents several major american exporters including caterpillar and john deere says additional tariffs will effectively wipe out all the gains that our industry has seen and cost american jobs as well. >> you got to wonder what the economic impact is with this.