WASHINGTON -- U.S. President Donald Trump upped the ante in his trade war with China Monday, threatening to slap an additional 50% tariff if Beijing does not reverse its decision to take retaliatory action against his proposed reciprocal tariffs.
U.S. president sets ultimatum for Tuesday, rejecting all requested meetings

U.S. President Donald Trump speaks during a ceremony honoring the members of the 2024 World Series Champion Los Angeles Dodgers i on April 7. © Reuters
WASHINGTON -- U.S. President Donald Trump upped the ante in his trade war with China Monday, threatening to slap an additional 50% tariff if Beijing does not reverse its decision to take retaliatory action against his proposed reciprocal tariffs.