U.S. will impose a 10% tariff on Chinese goods starting in September

In a series of tweets, Donald Trump announced the U.S. will impose a 10 percent tariff on $300 billion worth of Chinese goods starting September 1st. The tariff will go into effect during scheduled trade talks between the U.S. and Shanghai. Senior reporter for Law360 Alex Lawson joined CBSN to discuss the impact of the announcement. Source