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The Guardian - US
The Guardian - US
World
Anna Betts

Trump threatens additional 50% tariffs on China over retaliatory levies

Donald Trump China White House United States Beijing
a man looks at a screen showing plummeting values
A trader works on the floor of the New York Stock Exchange on Monday. Photograph: Timothy A Clary/AFP/Getty Images

Donald Trump has threatened to impose an additional 50% tariff on imports from China on Wednesday unless the country rescinds its retaliatory tariffs on the United States by Tuesday.

The news comes on the third day of catastrophic market falls around the globe since Trump announced his trade war last Wednesday with tariffs on the US’s trading partners.

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