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The latest tariffs went into effect in July, setting low rates for calls, texts and, for the first time, data fees.
The latest tariffs announced by China on June 15 would tax goods that accounted for about $45 billion in U.S. exports last year.
Jim O'Sullivan, chief economist for High-Frequency Economics, said financial markets will probably adopt a "could have been worse" reaction to the latest tariffs.
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What is Trump's latest tariff threat towards China?
Some business groups greeted the president's latest tariff threats with dismay.
Good Energy's latest tariff will not only support renewable electricity, but also additional renewable heat through investments in community renewable heat schemes.
"With its latest tariff filing, AT&T failed to deliver the consumer benefits it promised," Gloria Tristani, one of the five F.C.C. commissioners, said in a statement.
Trump's latest tariff bid would promote "retaliation against American-made products that will undermine manufacturing and jeopardize the jobs of manufacturing workers in the United States," said Jay Timmons, chief executive of the National Association of Manufacturers.
The latest tariff proposals, along with earlier levies on $50 billion in Chinese imports, would mean that by next month roughly half of everything American businesses import from China would confront special taxes.
China said Tuesday it would retaliate for President Trump's latest tariff salvo, risking further U.S. trade actions that could result in what some analysts are calling an economic Cold War.
The latest tariff salvos stem from Trump's complaint that China is unfairly acquiring American technology via coercive joint ventures with U.S. companies, cybertheft and other violations of intellectual property rights.
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