President Trump has warned that he will slap an extra 50% tariff on Chinese goods if Beijing doesn’t roll back its latest retaliatory tariffs by April 8.
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00:00President Trump has warned he'll slap an extra 50 percent tariff on Chinese goods if
00:04Beijing does not roll back its latest retaliatory tariffs this week.
00:08The threat has heightened already tense U.S.-China trade relations, rattling global markets.
00:13In response, China has promised strong countermeasures if the U.S. moves forward.
00:18The intensifying standoff is fueling worries over broader economic instability and disruptions
00:23to global supply chains.