China vowed to retaliate and it has. In the latest chapter of the U.S.-China trade war, Beijing announced it will impose new tariffs on $75 billion worth of U.S. goods. China also said it will reinstate levies on U.S, autos. The news set President Trump off on a tweet storm. Yahoo Finance's Jessica Smith joins Jennifer Rogers and Dan Roberts as well as Yousef Abassi, Director of U.S. Institutional Equities and Global Market Strategist, at INTL FCStone.