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Trump threatens additional tariffs on China, terminates talks

WASHINGTON (Reuters) – U.S. President Donald Trump said on Monday he will impose an additional 50% tariff on China if Beijing does not withdraw its retaliatory tariffs on the United States.

“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 said in a post on Truth Social.

(Reporting by Katharine Jackson and Doina Chiacu; Editing by Chizu Nomiyama)