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What to know about Trump’s latest tariff threat against China as markets have volatile day (Video)

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.

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

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

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Summary
What to know about Trump's latest tariff threat against China as markets have volatile day (Video)
Title
What to know about Trump's latest tariff threat against China as markets have volatile day (Video)
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. CBS News 24/7 is the premier anchored streaming news service from CBS News and Stations that is available free to everyone with access to the internet and is the destination for breaking news, live events, original reporting and storytelling, and programs from CBS News and Stations' top anchors and correspondents working locally, nationally and around the globe. It is available on more than 30 platforms across mobile, desktop and connected TVs for free, as well as CBSNews.com and Paramount+ and live in 91 countries. Subscribe to the CBS News YouTube channel: https://youtube.com/cbsnews Watch CBS News 24/7: https://cbsnews.com/live/ Download the CBS News app: https://cbsnews.com/mobile/ Follow CBS News on Instagram: https://instagram.com/cbsnews/ Like CBS News on Facebook: https://facebook.com/cbsnews Follow CBS News on X: https://twitter.com/cbsnews Subscribe to our newsletters: https://cbsnews.com/newsletters/ Try Paramount+ free: https://paramountplus.com/?ftag=PPM-05-10aeh8h For video licensing inquiries, contact: licensing@veritone.com