Washington DC/IBNS, April 8 -- Following up on his threat, US President Donald Trump has imposed "additional 50 percent tariffs" on China starting Wednesday, media reports said.

The White House announced that this will make America's new tariff on China an unprecedented 104 per cent.

He had warned that failing to do this, Chinese goods would be punished with 104 percent tariffs.

On Tuesday, Beijing dared the US to do so and within hours, Trump announced it.

Trump's sweeping reciprocal tariffs

Triggering almost a global trade war, Trump on Wednesday announced tariffs of at least 10 percent on almost all goods from other countries, plus even higher rates for many nations, including friends, but deemed to be "worst offenders".

Addressi...