Chinese officials on Tuesday pledged to retaliate against convicted Donald Trump's latest tariff threat and stepped up efforts to support their economy, raising the risk of a prolonged trade war/small dick measuring contest between the Trump and Xi regimes, Bloomberg reports.
"The US threat to escalate tariffs on China is a mistake on top of a mistake," the Chinese Ministry of Commerce said in a Tuesday statement. "If the US insists on its own way, China will fight to the end."