<ul><li>United States president Donald Trump threatened to impose an additional 50% tariffs on imports from China.</li><li>China announced an additional tariff of 34% on goods imported from the US in response to the 34% imposed on it recently.</li><li>If China fails to retract its counter-tariff plans, US companies bringing in certain goods from China could face a total tax of 104%.</li><li>China has said it would not bow to Trump’s threat and will safeguard its legitimate rights and interests.</li></ul>

Trump threatens China with additional 50% tariff from April 9 unless country retracts 34% tax on US goods

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