White House: China 301 tariffs coming soon after June 15

The Trump administration has reversed course and announced it will impose a 25 percent tariff on $50 billion worth of goods imported from China shortly after June 15, when the final tariff list will be revealed. The White House also said on Tuesday that it will implement investment restrictions and export controls on certain Chinese persons and entities after they are announced on June 30. The White House statement came after Treasury Secretary Steven Mnuchin said on May 19 that...