China declared its readiness to confront the U.S. in any type of war as Trump escalated economic and political pressure. The Chinese Embassy in the U.S. reinforced this stance on X, emphasizing its commitment to fight "till the end" in a trade or tariff war.
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00:00It's Benzinga bringing Wall Street to Main Street.
00:02China declared its readiness to confront the U.S. in any type of war as Trump escalated
00:06economic and political pressure. The Chinese embassy in the U.S. reinforced this stance on X,
00:12emphasizing its commitment to fight till the end in a trade or tariff war.
00:16The statements came after Trump's additional 10 percent tariffs on Chinese imports took
00:20effect Tuesday, bringing total tariffs to 20 percent in a month. Beijing retaliated
00:25with tariffs up to 15 percent on U.S. goods and imposed export restrictions on select U.S.
00:30entities. Analysts said Chinese tariff response targets U.S. farmers,
00:34a key Republican voting bloc. For all things money, visit Benzinga.com slash GSTV.