Translated into plain language, if China insists on imposing a 34% retaliatory tariff on the United States, then the U.S. will raise its tariffs on China by an additional 50%, making the total tariff 104% (20% + 34% + 50%). Furthermore, all negotiations with China will be halted. If China continues to be stubborn and raises the 34% to 50% or higher, what will happen next?
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