Translating it into plain language, if China insists on implementing a 34% retaliatory tariff against the United States, then the U.S. will raise its tariffs on China by an additional 50%, making the total tariff 104% (20% + 34% + 50%). Furthermore, all negotiations with China will be halted. If China also continues to escalate, increasing the 34% to 50% or higher, then what comes next?

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