Donald Trump Approves Against $50 Billion, USTR to announce products subject to on Friday; China said would retaliate. according to an published in the Wall Journal on June 14th  by Bob Davis and Peter Nicholas. with the contribution of Vivian Salama and Lingling Wei.

President Donald Trump approved  on $50 billion of , with the decision said, the U.S. ratchets up its trade fight with China’s alleged pressure on U.S. firms to transfer technology to Chinese .

The approval followed a 90-minute meeting on Thursday of senior officials, national-security officials and senior representatives of the Treasury, Commerce Department, U.S. Trade Representative’s Office.

wasn’t when the tariffs would go into . said that intends to assess tariffs on a corresponding amount of U.S. goods.

USTR expects to announce the goods subject to tariffs on Friday and publish them in the Federal next week, the with the matter said. The affected imports would 25% tariffs; the products are expected to be similar to those on a preliminary list that USTR in early April.

The office held public hearings on the list of 1,300 categories of products to see whether duties on any of the goods it selected would unduly harm U.S. and . USTR is expected to cut some of the products from the list and add others, especially items, the with the matter said.

The U.S. decision the of a tit--tat series of retaliatory moves. If the U.S. hits China with tariffs, China will immediately retaliate with tariffs, said a Chinese official. “We hate unilateral actions,” the official said.

has already said it had its own $50 billion lists of U.S. goods that it would subject to tariffs, especially and soybeans.

After Beijing made that threat, President Trump upped the ante and said the U.S. would add another $100 billion of goods to the U.S.’s tariff list. The U.S. hasn’t followed up on that threat by enumerating what goods would be included in that batch.

On Thursday, Chinese Foreign Minister Wang Yi said China and the U.S. faced a choice between cooperation and mutual benefit on the side and confrontation and mutual loss on the other.

“China chooses the first,” Mr. Wang told a joint news conference, after talks with U.S. Secretary of State Mike Pompeo in Beijing.

“We hope the U.S. side also make the same wise choice,” Mr. Wang said. “Of course, we have also made preparations to respond to the second of choice.”

word filtered through Washington that Mr. Trump was to make a decision on tariffs, some trade hawks offered qualified support the president. Rep. Rosa DeLauro (D., Conn.), a longtime opponent of free-trade , said: “tariffs must be seen tool among many our country use to hold bad actors China accountable and to bring the Chinese government to the table to secure a more favorable balance of trade.”

But Ms. DeLauro added that Mr. Trump must come up with a “comprehensive strategy” for dealing with Beijing.

The conservative Tax Foundation calculated that the tariffs on Chinese imports, coming on top of U.S. tariffs on steel and aluminum exports, would lower “long-run” gross domestic product and wages by 0.06%, reduce employment by 45,293 positions and make U.S. taxes less progressive.