President Trump will reportedly announce plans to levy more than $50 billion in tariffs and other penalties on China.

Trump is making the dramatic move in response to China’s theft of technology and trade secrets, which the administration claims has cost the US billions of dollars and thousands of jobs, according to The New York Times.

The penalties will hit Chinese imports ranging from clothing to electronics and will also restrict Chinese investment in the US, the paper said.

Trump will have the Treasury Department seek to restrict Chinese advancements in technology, such as artificial intelligence, according to the Times.

Trump has criticized China in the past for “robbing us blind” and “stealing our jobs.”

The move comes after Trump announced tariffs on steel and aluminum imports from across the globe.

The Chinese tariff would likely trigger a response from its government, something that Trump appears to be undaunted by.

“Trade wars are good, and easy to win,” Trump tweeted earlier this month.