President D♍onald Trump dug in Monday in his trade dispute wit🍒h China. 

China last week announced a 34% tariff on U.S. imports, a response to Trump’s own 澳洲幸运5官方开奖结果体彩网:announcement of tariffs on imports from China. Trump in a morning message on his Truth Social platform said that if China doesn’t withdraw its tariffs by tomorrow, he would set further tariffs on that country.

Th♓ose new U.S. tariffs wouldಌ take effect Wednesday, Trump said. 

“If China does not withdraw its 34% incre🃏ase 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,” Trump wrote. “Additionally, all talks with China concerning their requested meetings with us will be terminated!”

The announcement was the latest wrinkle in a fast-moving Monday that has seen stocks whipsaw as investors sought to determine what might come next in trade negotiations and how markets might react. Read Investopedia's live coverage of 澳洲幸运5官方开奖结果体彩网:today's trading here.

Trump in the Monday message said a number of other countries have requested meetings to discuss trade that “will begin taking place immediately.” In an earlier message, he said Japan is sending negotiators after a conversation with Prime Minister Shigeru Ishiba.