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Trump threatens new 50% tariff on China

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Financial markets in Asia fell sharply on Monday and the S&P 500 was poised to slide again, as President Trump doubled down on global tariffs that have made investors increasingly pessimistic.
From The New York Times
President Donald Trump threatened additional tariffs on China on Monday, raising fresh concerns that his drive to rebalance the global economy could intensify a financially destructive trade war.
From Associated Press

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The move came two days after President Donald Trump imposed the same tariff on all Chinese imports, bringing the total U.S. tariff on Chinese goods to at least 54%.
Trump threatens to hike China tariffs further as market plunge continues
By Steve Holland, Doina Chiacu, Julia Payne WASHINGTON/BRUSSELS (Reuters) -A global trade war touched off by U.S. President Donald Trump's sweeping tariffs escalated further on Monday, as Trump threatened to increase duties on China and the European Union proposed counter-tariffs of its own.
Trump threatens more tariffs on China as global markets shudder over how much pain economy can take
President Donald Trump says he's considering additional tariffs on China. The Republican president's threat came Monday after Beijing retaliated against his announcement of tariffs last week.
Trump threatens more tariffs on China as global markets plunge
President Donald Trump threatened additional tariffs on China on Monday, raising fresh concerns that his drive to rebalance the global economy could lead to a trade war. Trump’s threat, which he delivered on social media,
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Lawmakers were set to bring over $15 billion back to their home states. Then Congress passed the GOP's government funding bill.
Over $15 billion in earmarked funding won't be spent this year. It's vulnerable Republicans and their districts who stand to lose the most.
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