Trump threatens additional 50% tariff on China as trade war escalates

Trump threatens additional 50% tariff on China as trade war escalates

President Donald Trump said Monday he’s ready to slap new 50% tariffs on China following Beijing’s retaliatory duties announced last week, further escalating the global trade war that has rattled markets. He said the additional tariffs would take effect midweek if China doesn’t remove its 34% retaliatory tariff by Tuesday. #CNN #News

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