Amna Nawaz:

President Trump set into motion 25 percent tariffs on more than 800 Chinese imported goods, including aircraft engines, industrial machinery and parts for electronics, to name just a few.

Now, China hit back with tariffs of its own on more than 500 U.S.-made goods, some of which target areas of the country that voted heavily for Mr. Trump. That includes exports like soybeans, pork and corn.

Let's break down how both sides are positioning themselves, and where the impact of the tariffs will be felt first.

David Honig is an attorney who teaches negotiations at Indiana University. And Yasheng Huang is a professor who studies the Chinese economy and global business at the MIT Sloan School of Management.

Thank you both for being here.

David Honig, I want to start with you.

Talk to me about the negotiating style that we have seen so far with President Trump. You break them down into a couple of categories. One is called distributive bargaining. That's what we're seeing here. What does that mean?