Tokyo | China warned of “countermeasures” if the United States went ahead with threatened new tariffs, vowing to “fight to the end” and sharply escalating trade tensions between the world’s two biggest economies.
China’s Commerce Ministry said on Tuesday it would further retaliate if US President Donald Trump makes good on his threat to lift duties on Chinese imports an additional 50 per cent – taking the total to 104 per cent.
Loading...
Jessica Sier is the North Asia Correspondent for The Australian Financial Review. She is based in Tokyo, Japan. Jessica has previously written on technology, global capital markets and economics. Connect with Jessica on Twitter. Email Jessica at jessica.sier@afr.com
