President Trump is not backing down in his trade war. After initially raising tariffs from 10% to 25% on $200 billion worth of goods coming from China, the Trump administration also hiked tariffs on an additional $300 billion worth of goods.

Speaking to reporters on Tuesday, Trump said: “We’re having a little squabble with China because we’ve been treated very unfairly for many, many decades or actually a long time, and it should’ve been handled a long time ago, and it wasn’t, and we’ll handle it now. I think it’s going to turn out extremely well. We’re in a very strong position.”