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Trump warns of 50% additional China tariffs if it doesn't back off; stock selloff continues

Trump warns of 50% additional China tariffs if it doesn't back off; stock selloff continues

The Wall Street entrance to the New York Stock Exchange (NYSE) is seen in New York City, U.S., March 17, 2025. REUTERS/Kylie Cooper/File Photo

Major stock indexes fell again in volatile trading on Monday as US President Donald Trump said he will impose an additional 50% tariff on China if Beijing does not withdraw its retaliatory tariffs on the United States, while the dollar and bond yields rose.

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