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Vowing to cut U.S. trade deficits and protect the nation's high-tech "crown jewels," President Donald Trump said Friday he's levying a 25 percent tariff on up to $50 billion worth of Chinese imports, instantly escalating a trade dispute between the world's two largest economies.

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Trump Announces US Tariffs on $50 Billion in Chinese Imports

Vowing to cut U.S. trade deficits and protect the nation's high-tech "crown jewels," President Donald Trump said Friday he's levying a 25 percent tariff on up to $50 billion worth …

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