So, Trump is back on the “hit China with tariffs” bandwagon. This is from my email update from the Washington Post.

Trump hits China with broad limits on tech investment, moves forward with $50 billion in tariffs ahead of key trade meeting

The investment limits and tariffs are part of a broad crackdown aimed at limiting China’s ability to acquire U.S. technology.

The announcement comes less than 10 days after Treasury Secretary Steven Mnuchin said that the trade war with China was “on hold.” Commerce Secretary Wilbur Ross is due to arrive in Beijing on Saturday for talks aimed at cooling trade tensions between the two countries.

Tariffs of 25 percent will be applied to Chinese imports containing important technologies, including those related to Beijing’s Made-in-China 2025 development program, the White House said. The final tariff list will be made public by June 15 with the new import taxes taking effect shortly thereafter.

Ross is supposedly going to China this weekend. Perfect time for Trump to fire him via tweet, either while Ross is in the air or once he arrives.