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China vows to ‘Fight to the End’ as trade war with U.S. escalates

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China vows to 'Fight to the End' as trade war with U.S. escalates

China vows to 'Fight to the End' as trade war with U.S. escalates

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China has again vowed to “fight to the end” Wednesday in an escalating trade war with the U.S. as it announced it would raise tariffs on American goods to 84% from Thursday.

Beijing also added an array of countermeasures after U.S. President Donald Trump raised the total tariff on imports from China to 104%.

“If the U.S. insists on further escalating its economic and trade restrictions, China has the firm will and abundant means to take necessary countermeasures and fight to the end,” the Ministry of Commerce wrote in a statement introducing its white paper on trade with the U.S.

The government declined to say whether it would negotiate with the White House, as many other countries have started doing.

On Friday, China announced a 34% tariff on all goods imported from the U.S, export controls on rare earths minerals, and a slew of other measures in response to Trump’s “Liberation Day” tariffs.

Trump then added an additional 50% tariff on goods from China, saying negotiations with them were terminated. So far, China has not appeared interested in bargaining.

“If the U.S. truly wants to resolve issues through dialogue and negotiation, it should adopt an attitude of equality, respect and mutual benefit,” said Ministry of Foreign Affairs spokesman Lin Jian Wednesday.

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