China has hit back at President Donald Trump's vow to impose further tariffs with a stark warning that Beijing is ready for a tariff war or 'any other type of war'.
Trump, 78, aims to dramatically expand tariffs after a 25 per cent tax on imports from Mexico and Canada took effect Tuesday, along with fresh duties on Chinese goods.
The president, in his Tuesday night address to Congress, revealed that further tariffs would follow on April 2, including 'reciprocal tariffs' and non-tariff actions aimed balancing out years of trade imbalances.
But China's foreign affairs ministry defiantly shot back, stating 'if war is what the US wants, be it a tariff war, a trade war or any other type of war, we're ready to fight till the end'. The Chinese Ambassador in the US doubled down on the threat by sharing the same remark.
The tariffs, which could upend nearly $2.2trillion in annual trade, came after Trump declared America's top three trading partners had failed to do enough to stem the flow of fentanyl and its precursor chemicals into the US.
