After Trump Tariffs Hit, China 'Not Afraid' To Fight Trade War

President Donald Trump made punishing China for trade misdeeds official U.S. policy on Thursday, imposing tariffs of 25% on up to $60 billion of imports, with a focus on high-tech goods. While not as hostile as the $60 billion worth of tariffs floated in recent days, the move signals the beginning of a fractious era for China-U.S. economic relations as the two countries vie for technological supremacy.