Trump threatens to hit China with extra tariffs of 50%, ratcheting up a trade war

President Donald Trump is threatening China with additional levies.

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• Trump on Monday threatened China with extra tariffs of 50%.
• Trump last week hit China with a 34% tariff rate, in addition to 20% tariffs imposed earlier.
• China retaliated by imposing a 34% rate of its own on US goods, drawing Trump's ire.

President Donald Trump on Monday threatened to slap an additional 50% tariff on China, in what is a major intensification toward...