On Monday, President Trump ordered the U.S. Trade Representative to find $200 billion worth of Chinese imports that could be subject to new tariffs.
"China apparently has no intention of changing its unfair practices related to the acquisition of American intellectual property and technology," Trump said in a statement. "Rather than altering those practices, it is now threatening United States companies, workers, and farmers who have done nothing wrong."
Trump has already ordered tariffs on $50 billion in Chinese goods in retaliation for intellectual property theft, and China has vowed to retaliate on U.S. exports. Trump said the new tariffs will go into effect if "China refuses to change its practices, and also if it insists on going forward with the new tariffs that it has recently announced," and added he is willing to pursue "additional tariffs on another $200 billion of goods."