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Economics

China Vows to Fight Trump Tariffs ‘to the End’ as Tension Rises

  • President urges levies on $100 billion more of Chinese goods
  • China says it doesn’t want a trade war but is ready to fight
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President Trump is ordering the USTR to consider additional tariffs on Chinese goods. Bloomberg’s Sobczyk reports.(Source: Bloomberg)
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U.S. President Donald Trump said the current trade spat with China may hurt the markets in the short term but that America will emerge stronger from it, as a confrontation that has roiled global equities heats up between the world’s two largest economies.

“I’m not saying there won’t be a little pain,’’ Trump said Friday during an interview on 77 WABC Radio’ “Bernie & Sid in the Morning’’ program. “So we might lose a little of it but we’re going to have a much stronger country when we’re finished, and that’s what I’m all about.’’