On April 9, President Donald Trump announced his intention to raise tariffs on China to 104%.

* Trump confirmed the halt of any future negotiations with the Chinese side.

* He warned of taking stronger U.S. actions against any country that retaliates with counter-tariffs.

* He called for an urgent cut in interest rates by the U.S. Federal Reserve to support the national economy.

* The Federal Reserve is holding an extraordinary meeting to discuss emergency economic measures.

* Expectations are rising for an early decision on interest rate cuts to protect the U.S. economy.

* The escalation comes amid increasing trade tensions between the United States and China.

* These measures could exacerbate the trade dispute between the two countries.

* Potential negative repercussions for the global economy loom on the horizon.

* This situation signals a sharp escalation in the relationship between the United States and China.

Hashtags:

* #Trump

* #Tariffs

* #China