Trump threatens additional 50% tariffs on China | Trade war escalates

Trump threatens additional 50% tariffs on China | Trade war escalates

President Donald Trump has escalated his trade war with China, announcing plans to impose an additional 50% tariff on Chinese goods starting April 9 — unless China removes its newly announced 34% tariffs on U.S. imports. A White House official confirmed the move could raise the total U.S. tariff rate on China to 104%. This follows Trump’s "Liberation Day" announcement of global retaliatory tariffs. In response, China matched the U.S. with a 34% tariff of its own. 📉 What does this mean for global trade? #Trump #China #Tariffs #TradeWar #USChinaRelations #TrumpTariffs #ChinaRetaliation #GlobalEconomy ------------------------------------- Join our newsletter at https://bit.ly/2q1tepr Follow us on Facebook:   / scrippsnews   Follow us on Twitter:   / scrippsnews   Follow us on Instagram:   / scrippsnews   Follow us on TikTok:   / scrippsnews