meanwhile the president is ready to further escalate the situation announcing tariffs on an additional sixteen billion dollars in chinese goods taking effect in two weeks after that trump said the u.s. is ready to target a total of five hundred billion dollars in chinese imports. every business anchor helen humphrey is with me here in the studio helen we just heard china hitting back where are we now in this trade dispute here several with really now in position where we re seeing the policy of america first go straight up against made in china these two ideologies coming together now and what china is calling a trade war so all week we ve been waiting for the united states to impose those tariffs as it promised washington did say at midnight washington time yesterday beijing straight bat with confirmation and with basically