Beijing has condemned Donald Trump’s threat of an additional $100bn in tariffs on imports from China, as Chinese experts warned the US it stood more to lose politically from a worsening tit-for-tat trade dispute that has unnerved global markets.
On Friday, a Ministry of Commerce spokesman said China was prepared to adopt “comprehensive countermeasures” in its dispute with the US, adding: “China doesn’t want a trade war, but we’re not afraid to fight a trade war.”
Lu Kang, China’s foreign ministry spokesperson, echoed the commerce ministry’s statement, adding: “We will accompany [the US] until the end, we will not hesitate in paying any price.”
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