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China Commerce Ministry says China has fully prepared to respond after Trump's new threat of tariffs

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China will not hesitate with 'major response' to new tariffs: Ministry of Commerce

From cnbc.com

The comments came at briefing by China's Commerce Ministry Friday in Beijing. U.S. President Donald Trump said late Thursday he instructed the United States Trade Representative to consider $100 billion in additional tariffs against China. Stock index futures fell sharply after the news, with Dow futures off more than 200 points, on fears of retaliation by China. Thursday's announcement follows the Trump administration's late Tuesday proposal for 25 percent tariffs on imports of roughly 1,300 Chinese product lines valued at $50 billion, ranging from machinery to vaccines. Less than 24 hours later, China's Ministry of ... (full story)

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