US president Donald Trump launches new tariff for Chinese imports. Trump signed a memorandum announcing the trade actions for Chinese imports to protect US intellectual property. Before signing the measure, Trump said that he views China as a ‘friend’ and said he has ‘tremendous respect’ for Chinese President Xi Jinping. “They are helping us a lot in North Korea,” Trump said. Trump added that there is trade deficit which reached to an uncontrollable level and they had to take measures.