Скачать или смотреть China response to trump additional 50% tariffs threat

President Donald Trump has threatened to impose an additional 50% tariff on Chinese goods, which would bring the total tariff rate to 104%. China has strongly condemned this move, calling it "economic bullying" and a "mistake on top of a mistake"2. Beijing has vowed to retaliate with higher tariffs and other measures to protect its interests.

The situation has caused significant market volatility, with global stock markets experiencing sharp declines. Asian countries are scrambling to manage the impact of these tariffs, as they could face levies of up to 49%2. Additionally, China has announced export controls on rare-earth materials, which are critical for industries like electronics and defense.

It's a high-stakes standoff with far-reaching implications for the global economy.