Trump Tariffs LIVE: Trump Threatens 50% More Tariffs on China, Beijing Accuses US of “Blackmail”
US President Donald Trump has given China one day to end the 34% retaliatory tariffs it imposed on US products last week or he’d slap an extra 50% duty on imports from China. It’s an escalation in a trade war that has sent global markets into a downward spiral… and stoked fears a recession is around the corner. Trump gave his ultimatum to China at the White House on Monday. The next day, Beijing said it will “fight to the end” if the US continues to escalate the trade war.
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