Trump to sign memo on China tariffs at 12:30 p. EDT on Thursday - Reuters

President Donald Trumps will sign a memo at 12:30 p.m. EDT (1630 GMT) on Thursday imposing tariffs on Chinese imports in a move aimed at curbing theft of US technology, the White House said on Wednesday, according to Reuters report. 

It is feared China may retaliate with its own set of targeted tariffs on US imports, setting the tone for a full-blown US-China trade war.