China Says It’s Ready to Retaliate on Latest U.S. Tariff Threat

Photographer: Qilai Shen/Bloomberg
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China said it was ready to retaliate against the latest threat by the U.S. to raise tariffs on its goods.

“China has made full preparation for the U.S. threats to escalate the trade war, and will have to retaliate to defend national pride and the people’s interests,” China’s Ministry of Commerce said in a statement Thursday on its website.