Trump Threatens Additional 50 Percent Tariff in Ultimatum to China

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The president also threatened ending all talks with China.

President Donald Trump on Monday said he may impose an additional 50 percent tariff on Chinese imports if Beijing does not withdraw its retaliatory levies on U.S. goods.

Writing in a Truth Social post, Trump said if China doesn’t reverse its decision by April 8, the additional 50 percent will be imposed on April 9.

“Additionally, all talks with China concerning their requested meetings with us will be terminated!” he said. “Negotiations with other countries, which have also requested meetings, will begin taking place immediately.”

Last week, China implemented 34 percent tit-for-tat tariffs on U.S. goods entering the country, following the administration’s reciprocal tariffs.

This is a developing story; updates to follow. 

By Andrew Moran

Read Full Article on TheEpochTimes.com

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