President Trump Threatens to Impose 50% More Tariffs on China

US President Donald Trump has threatened to impose an additional 50 percent tariff on China, giving the country until tomorrow to withdraw its 34 percent retaliatory tariffs on American goods. In a social media post, Trump stated that if China does not remove its tariffs by tomorrow, he will enforce the new 50 percent tariff on China starting April 9.

Trump also warned that any requests from China for talks regarding trade concerns would be rejected. This threat comes as the Chinese and Hong Kong markets have seen a significant decline in today's trading. Meanwhile, protests against Trump's policies erupted across the country, with demonstrators rallying at over 1,200 locations in all 50 states on Saturday.