U.S. mulling a "massive increase" in tariffs on Chinese goods, he says
Pharmaceutical drugs, furniture, heavy trucks targeted with 25%-100% tariffs
Economists believe the impact of tariffs will emerge gradually, over the months ahead
Central bank clash escalates over interest rate policy
White House aims to raise tariff revenue to offset tax cuts and boost jobs
It's unclear if the rate will apply to Japanese-built autos
The higher rates would kick in Aug. 1; PM continues work on a new deal
The president said the tariffs will kick in Aug. 1, via social media
Tariffs to take effect Aug. 1 as U.S. president cites trade gaps
Trade group estimates the measure could cost the country US$55B annually over 10 years in lost GDP