From Fox News:
China is refusing to back down from President Donald Trump’s “blackmail,” as a global trade war sparked by Trump’s new tariffs rages on. This comes after Trump threatened to increase tariffs on U.S. imports from the Asian country to more than 100% if Beijing refuses to reverse its move to match the “reciprocal” duties announced last week by the American president. Trump said he would impose an additional 50% duty on U.S. imports from China if Beijing did not drop the 34% tariffs it imposed on U.S. products last week, which would bring the total levies against China to 104%.