WATCH | Trump takes questions from reporters in the Oval Office скачать в хорошем качестве

WATCH | Trump takes questions from reporters in the Oval Office

(AP) Undeterred by a stock market collapse that has continued for days, President Donald Trump threatened additional tariffs on China on Monday, raising fresh concerns that his drive to rebalance the global economy could intensify a financially destructive trade war. Trump's threat, which he delivered on social media, came after China said it would retaliate against U.S. tariffs he announced last week. “If China does not withdraw its 34% increase above their already long term trading abuses by tomorrow, April 8th, 2025, the United States will impose ADDITIONAL Tariffs on China of 50%, effective April 9th,” he wrote on Truth Social. “Additionally, all talks with China concerning their requested meetings with us will be terminated!” If Trump implements his plans, U.S. tariffs on imports from China would reach a combined 104%. The new taxes would be on top of the 20% tariffs announced as punishment for fentanyl trafficking and his separate 34% tariffs announced last week. Not only could that increase prices for American consumers, it could give China an incentive to flood other countries with cheaper goods and seek deeper partnerships with other trading partners. Trump faces mounting pressure in the financial markets and from business leaders to backtrack on his tariff ambitions, yet he has shown no signs of reversing course or finding a message to calm panicked markets. The White House said Monday that Trump would veto a Senate bill that would mandate congressional approval for new tariffs, a bet that the critical mass of Republican lawmakers will loyally back his taxes on imports despite the economic and political chaos being created. READ MORE: https://www.wkyc.com/article/news/nat... At 3News, we’re not here to tell you the news, we’re here to share the stories that you say matter most to you. Share your ideas, thoughts, concerns and engage in conversations about the communities in which we all call home. Follow 3News on Social: Facebook:   / wkyc.channel3   Twitter:   / wkyc   Instagram:   / wkyc3   Visit our site: https://www.wkyc.com/ And be sure to download our app here: https://wkyc.com/app