Trump threatens new 50% tariffs if China maintains retaliatory tariffs

President Donald Trump escalated his trade war with China on Monday.

The president said he would impose additional tariffs on China of 50%, effective April 9, if China did not remove its 34% tariffs on U.S. imports.

A White House official confirmed to Scripps News that if this takes effect, it would bring the total tariff rate on China to 104%.

President Trump also said all requested talks with China concerning the tariffs would be "terminated."

China announced Friday it would impose a 34% tariff on U.S. goods in response to President Trump's "Liberation Day" announcement, where the president announced "retaliatory" tariffs on countries around the world.

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