When Trump issued the tariffs that are currently rocking the Chinese economy, he viewed it as a weapon to use in forcing China to discuss terms. Some parties see this as the right thing; others, however, think this is more like a shot to the foot, so to speak, for the US.

With the announcement of a fresh set of tariffs on Monday, America is watching with earnest on how the next round of tariffs will affect them as well. Fox News pointed out that President Trump is preparing the third phase of tariffs-one that will impose on $267 billion of Chinese imports. The imposition of it depends on how China will approach the current tariff imposition-whether they seek talks or they seek to impose tariffs of their own.

On one side, there are those who want to see the Trump administration's policies succeed. They are those who think that China leading the world in global trade is bad; they also subscribe to the thought that the Chinese practices an illegal trade, an accusation that has since been baseless. Ask them about China's "Made in China 2025" and they will point it out as a violation of World Trade Organization (WTO) rules largely because of the market-share policies included in it.

However, there are those who think Trump's tariffs are bad for the US' business.

With the imposition of the tariffs, the government hopes that China is paying it enough to consider returning to discussions about trade deals. However, a closer look reveals that the duties aren't paid entirely by the Chinese companies imposed upon by the tariffs; most of those who pay these tariffs are US companies operating factories in China such as Ford or Walmart, CBS News states.

In the end, they will be passing the extra cost along to customers, most of which are Americans. This has led to key US industries making their thoughts heard. Most of them are under the idea that if Trump continues to impose tariffs that go higher and higher, in the end, it won't be the Chinese economy that will suffer, rather the US economy will find itself in a tight pinch.

According to figures from the government, revenues have been slightly higher since the imposition of these tariffs. With the length of time for review, however, it's still a far cry to say whether the tariffs will be a big help, as Trump claims, or if it will be more of a hindrance.