Trump threatens additional 50% tariff if China does not rescind its levies

U.S. president sets ultimatum for Tuesday, rejecting all requested meetings

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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

KEN MORIYASU

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.

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