‘China is not afraid of and will not recoil from a trade war’: The Chinese government blasts Trump’s new tariffs and previews retaliation

• President Donald Trump announced new tariffs on $50 billion worth of Chinese goods on Thursday.
• Chinese officials strongly condemned the move.
• “China does not want a trade war with anyone,” the Chinese embassy in Washington, DC, said.
• “But China is not afraid of and will not recoil from a trade war.”

The Chinese government blasted President Donald Trump’s announcement on Thursday that the US will impose new tariffs on imports from China.

The tariffs, which act as a tax on imports, will apply to goods worth about $50 billion annually and hit industries from aerospace to pharmaceuticals. Additionally, the crackdown will limit certain types read more >>>

Source:: BusinessInsider.Com