China plans new tariffs on 106 U.S. products, according to multiple published reports. Chinese officials said Wednesday that they plan to impose tariffs of up to 25% on American imports such as soybeans and cars, said a South China Morning Post report citing state broadcaster CCTV. Beijing's move comes after the Trump administration on Tuesday detailed the $50 billion of Chinese goods that it plans to hit with 25% tariffs unless Beijing makes major trade and investment concessions soon. U.S. stock futures added to losses following the news, with futures for the Dow Jones Industrial Average YMM8, -2.58% recently down by 397 points, or 1.7%.