$34B on July 6th. More on a later date

China has announced that 25% tarriff will be imposed on 659 US goods worth $50B, but $34B will be initially targeted on July 6th. The remaining $16B will be at a later date (perhaps if the US retaliates).

The tariffs will be on agriculture and autos mainly.

US stocks are steady with the Nasdaq down -21 and the S&P down around -9 points. If anything, the Dow has done a little better at -165 points (was down around -200 points earlier).