The President tweeted in part, "Our great American companies are hereby ordered to immediately start looking for an alternative to China." Yahoo Finance's Zack Guzman and Jessica Smith discuss how businesses are responding.
Daniel: Today, Donald Trump insisted that China pays the tariffs, hundreds of billions of dollars are coming in from China that never did before. Mr. Trump, please wake up and listen, the importers like Walmart are paying the tariffs and then pass it on to consumers in the form of higher prices. "we, the consumers are the people paying the tariffs".