Editor's note: In response to the US' 34 percent tariff hike on Chinese goods—part of the broader "reciprocal tariffs" targeting multiple countries—China has announced a 34 percent additional tariff on all US imports, effective April 10. Shortly after China's decision was announced, the US leader threatened to impose an additional 50 percent tariff on Chinese goods by April 9 unless Beijing withdraws its new tariffs. What impact will Trump's tariffs have? Could this escalate into a full-blown trade war? Here's what experts have to say.

US tariffs likely to trigger global trade war