U.S. President Donald J. Trump has now announced that in retaliation to the Chinese retaliatory tariffs of 34% on U.S. goods, the U.S. will now impose an additional tariff of 50% on Chinese goods. China has until tomorrow, April 8, 2025, to rescind the tariffs, or the additional U.S. 50% tariffs will go into effect the next day, April 9, 2025.

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