Trump will raise tariff rates on Chinese goods in response to trade war retaliation Now for some real pain for China. The U.S. will raise duties on $250 billion in Chinese goods to 30% from 25%, and increase tariffs on another $300 billion in products to 15% from 10%.  Now for sure there will be some kind of tax cut for the american worker to offset the higher cost of goods. https://www.cnbc.com/2019/08/23/trump-will-raise-tariff-rates-on-chinese-goods-in-response-to-trade-war-retaliation.html