President Trump has said China has reached out to negotiate a deal. Another official said the administration has already been working on supply chain issues for some time in anticipation of the imposition of the tariffs.

Smartphones, shoes, toys, and cookware are just a few of the Chinese-made goods that could soon cost more as the Trump administration ramps up its trade war with China. A new Washington Post analysis highlights the impact of rising tariffs on consumer products widely used across the United States.

Hassett also claimed the Trump admin is close to finalizing a trade deal with more than 10 countries.