KEILAR: We have breaking news, President Trump just announcing on Twitter that he will impose a new 10 percent tariff on the remaining $300 billion worth of goods and products coming from China. And the President says this will take effect very soon, on September 1st. I want to get to Sarah Westwood at the White House. Sarah, why is the President deciding to do this now?</s>SARAH WESTWOOD, CNN CORRESPONDENT: Well, Brianna, President Trump is lamenting the lack of progress in talks between Chinese officials and US officials, although he described this most recent round of talks in China as constructive. President Trump is also pointing to the fact that China's promise of increase purchase in agricultural goods from the US has never materialized. Now, recall that just a little over a month ago at the G-20 summit in Japan, President Trump was touting that agreement that China had supposedly made to buy more agricultural goods as a concession from China, touting it as a sign of progress. Now, President Trump acknowledging today in this series of tweets that that never actually materialized from China. At that same summit, at the G-20 where President Trump did sit down with Chinese President Xi, Trump had said that he would wait for the time being to impose additional tariffs on Chinese goods. Now with this additional 10 percent tariff on $300 billion worth of Chinese goods, the President already moving away from that. These talks will continue again, Brianna, here in Washington in September with Chinese officials.</s>KEILAR: All right, Sarah Westwood. We're seeing the markets are not loving that news. Thank you, Sarah. The President issuing a sharp rebuke of military prosecutors, ordering Navy officials to rescind medals given to them after they unsuccessfully tried a Navy SEAL for war crimes.
More Tariffs On Chinese Goods