BRINGING THE HEAT: Trump Threatens Additional 50% Tariffs on China, White House Denies Pause Reports
Trump is turning the heat up on Chian… President Donald Trump unloaded on China in a late-morning TRUTH Social post on Monday. The POTUS threatened an additional 50% tariff on the Red Giant unless it backed off its plan to implement a 34% tariff on American goods starting this week. Trump posted the following to his TRUTH Social account late Monday morning: Yesterday, China issued Retaliatory Tariffs of 34%, on top of their already record setting Tariffs, Non-Monetary Tariffs, Illegal Subsidization of companies, and massive long term Currency Manipulation, despite my warning that any country that Retaliates against the U.S.