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What to know about Trump's latest tariff threat against China as markets have volatile day

Name: What to know about Trump's latest tariff threat against China as markets have volatile day
Uploaded: 2025-04-07T13:00:00-0400
Duration: 8 min 44 s
Description: President Trump is threatening to impose an additional 50% tariff on China if the country doesn't withdraw its plan to impose a retaliatory 34% tariff against U.S. products. CBS News senior business and tech correspondent Jo LIng Kent and CBS News chief White House correspondent Nancy Cordes have the latest.

President Trump is threatening to impose an additional 50% tariff on China if the country doesn't withdraw its plan to impose a retaliatory 34% tariff against U.S. products. CBS News senior business and tech correspondent Jo LIng Kent and CBS News chief White House correspondent Nancy Cordes have the latest.