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The president is now threatening an additional 50% tariff on Chinese imports, which would bring China’s tariff level to approximately 104%.

A manic market Monday

Wall Street on Monday endured a frantic opening bell selloff, a false tweet rally and then more bad news from President Donald Trump on the trade war front. And that was all before noon.

Trump is refusing to give in on his reciprocal tariffs, a market collapse be damned. The president is now threatening an additional 50% tariff on Chinese imports, which would bring China’s tariff level to approximately 104%.

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