Economy White House sends mixed signals on trade fight; markets dive Updated : April 07, 2018 06:30 PM IST The standoff began last month when the US imposed tariffs on imported steel and aluminium. China countered by announcing penalties on $3 billion worth of US products. Trump has also pushed for a crackdown on China's theft of US intellectual property. Subscribe to Moneycontrol PRO at just Rs.33/- per month for the first year. Use code SUPERPRO. Limited period offer. Available on Web and Android.