China has never surrendered to external pressure and it will win any trade war with the United States, the nation’s state media stressed in the hours after the world’s two top economies targeted each other with planned steep tariffs. In Washington, U.S. administration officials continued to seek to allay market fears of a trade war, and expressed a willingness to negotiate a resolution with China. “There is a process here. There’s going to be some back and forth, but there’s also some negotiations,” White House National Economic Council Director Larry Kudlow said. “I think we are going to get a deal over a period of ... (full story)