President Donald Trump said he's moving ahead with plans toimpose tariffs on $50 billion of Chinese imports and curbinvestment in sensitive technology, ratcheting up pressure onBeijing days before the next round of trade negotiations.

In a statement Tuesday, the White House said a final list oftargeted imports will be released by June 15 and the tariffs willbe imposed “shortly thereafter.” It's the most specific theadministration has been about the timing for the duties to takeeffect.

The administration also said new restrictions on Chineseinvestment and enhanced export controls will be announced by June30 and then implemented shortly after. China's commerce ministryresponded hours later with a statement, saying it was surprised bythe U.S. announcement and remains confident the country can protectits interests.

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