
United States: In a bold and uncompromising escalation of economic brinkmanship, President Donald Trump on Monday announced his readiness to amplify tariff burdens on Chinese imports by an additional 50 percent, contingent on Beijing’s refusal to reverse its latest countermeasures. The declaration adds accelerant to an already volatile trade dispute that has sent ripples across international markets.
Despite ratcheting up the confrontation with America’s foremost commercial adversary, Trump simultaneously cracked the door open to potential diplomatic recalibration, signaling a willingness to reassess tariff impositions on non-Chinese goods, according to USA Today.
Taking to Truth Social with characteristically incendiary prose, Trump castigated Beijing for its decision to retaliate with a 34 percent levy on US exports, enacted in reprisal to his blanket tariff doctrine.
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