News Wrap: Trump, Beijing exchange more threats on trade

In our news wrap Friday, China and the U.S. exchanged jabs over trade, with Beijing warning it will retaliate if President Trump imposes 10 percent tariffs on all of China’s remaining trade with the U.S. -- about $300 billion in goods. Also, Trump offered fresh praise for North Korean leader Kim Jong Un, despite a string of short-range missile tests launched by the country in the past week.