Trump Threatens China with Tariffs
U.S. President Donald Trump has threatened to impose an additional 50% tariff on Chinese imports unless China withdraws its recently announced 34% tariff on U.S. goods by April 8, 2025[1][2]. This move could raise the total tariff rate on Chinese imports to 104%, including existing tariffs[1][3]. China has condemned Trump's threat as "blackmail" and vowed to resist, indicating it will not back down from the trade dispute[3][4]. The escalating tensions have caused significant declines in global markets, with concerns about economic impacts and potential recession[2][5].