Trump threatens additional tariffs on China, market rout continues

President Trump threatened additional tariffs on China and markets continued sinking amid the new US tariff policy that is set to fully roll out on Wednesday. Trump posted that “if China does not withdraw its 34% increase above their already long term trading abuses by tomorrow, April 8th, 2025, the United States will impose ADDITIONAL Tariffs on China of 50%, effective April 9th. Additionally, all talks with China concerning their requested meetings with us will be terminated! Negotiations with other countries, which have also requested meetings, will begin taking place immediately.” Trump and his top advisers retrenched over the weekend,…