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now a former kohl lob eer coal s over. >> if they done know the number, how can they reyou night them? let's start with our trade war correspondent

now a former kohl lob eer coal s over. >> if they done know the number, how can they reyou night them? let's start with our trade war correspondent christine romans. >> the trade war is here and it is real. at the stroke of midnight china hit the u.s. china responded with revenge tariffs accusing the u.s. of launching the largest trade war in economic history and calling america trade bullies. whooi that is threatening high value of exports. the farm goods here are strategic. they hit states and county by county. the u.s. tariffs target high-tech industries that china will dominate. no american companies will pay the tariffs when they import the goods, they will absorb the cost or pass it on. so far they have passed on tariffs on things like shoes and cell phones. the u.s. won't be able to avoid those foods if president trump follows through on the threat he made to hit $500 billion worth of chinese goods. that is roughly the entire amount that the u.s. imported from china last year. consumers would be losers if this really continues to escalate, right? also domestic manufacturers, th

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