China Says Ready To Pay "Any Cost" As Trade War With US Escalates

President Donald Trump had ordered his chief trade negotiator to consider imposing tariffs on an additional $100 billion of Chinese products Thursday, in a dramatic escalation of his trade war with China.

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China Says Ready To Pay 'Any Cost' As Trade War With US Escalates

Donald Trump's issued a threat amid broadening confusion about the White House approach to trade policy.


Beijing:  China said Friday it was ready to pay "any cost" in a possible trade war with the US, after President Donald Trump warned he was considering $100 billion in extra tariffs.

"If the US side disregards opposition from China and the international community and insists on carrying out unilateralism and trade protectionism, the Chinese side will take them on until the end at any cost," the Ministry of Commerce said in a statement on its website.

"We don't want a trade war, but we aren't afraid of fighting one."

Trump threatened an additional $100 billion in tit-for-tat tariffs on Beijing Thursday, in the latest step in an escalating trade dispute.

The US president has said he will impose steep tariffs on steel and aluminum imports, which would hit China.

China responded with proposed tariffs on fresh fruit, pork and recycled aluminum, accounting for $3 billion of US exports last year.

The US on Tuesday published a list of $50 billion in Chinese imports set to be hit by US tariffs.

In a speech Thursday, Trump said "in light of China's unfair retaliation," he had instructed trade officials to "consider whether $100 billion of additional tariffs would be appropriate."



(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)


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