[ Source: BBC News ]
Donald Trump threatens China with additional 50% tariffs if Beijing does not withdraw its 34% retaliatory tariffs on Washington.
If imposed, it could leave some US companies bringing in certain goods from China facing a 104% tax.
It comes as US markets drop sharply again on opening, while Europe’s biggest stock markets – including London’s FTSE 100 – have all closed over 4% down.
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Meanwhile, the EU says it’s offering “zero-for-zero” tariffs on some goods it exports to the US.
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