China has issued a stern warning to the US, stating it will retaliate if President Donald Trump does not retract his threat to impose 100% tariffs on Chinese imports. This escalation in trade tensions is causing concern among investors, who are preparing for potential turmoil in the markets. The situation is significant as it highlights the fragile state of US-China relations and the potential for a renewed trade war, which could have widespread economic implications.

President Trump's announcement of a 100% tariff on Chinese goods marks a significant escalation in the ongoing trade war between the U.S. and China. This move, which adds to existing tariffs, could have serious implications for both economies, potentially leading to higher prices for consumers and further strain on international relations. As the world's largest economies grapple with these tensions, the global market is watching closely to see how this will unfold.