President Donald Trump threatened to impose an additional 50% tariff on goods imported from China in a post on his social media platform Truth Social on Monday. The total tariff on China would rise to 104% if the country doesn’t back off and drop the 34% retaliatory tariff it announced in response to Trump’s own 34% hike on goods coming from the U.S. last week. And Trump’s new threat isn’t exactly calming anyone’s nerves. “If China does not withdraw its 34% increase above their already long term trading abuses by tomorrow, April 8th, 2025, the United States will impose ADDITIONAL…