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In response to China's efforts to steal American trade secrets via cybertheft... Trump Approves Tariffs on $50 Billion of Chinese Goods

President Trump on Friday will announce trade measures on a list of Chinese products.

The target list, finalized at a White House meeting on Thursday, affects a relatively small share of the $505 billion in Chinese goods that Americans buy each year.

The measures come in response to China's efforts to steal American trade secrets via cybertheft.

But it's also a key step in Trump's America First trade strategy focused on reducing the trade deficit with China.