China vows to 'fight to bitter end' if US pushes for trade war
China has vowed to "fight to the bitter end", should the US push for a trade war. The world's two largest economies slapped fresh levies on each other today, moving closer to an all-out trade war. Beijing's retaliatory levies range from 10% to 15% on US agricultural products, including chicken, wheat, fruits and vegetables — affecting some US$21 billion worth of American agricultural and food products. A group of US firms has also been added to China's export control list on the grounds of national security. Kate Fisher reports from Washington DC.
China has vowed to "fight to the bitter end", should the US push for a trade war. The world's two largest economies slapped fresh levies on each other today, moving closer to an all-out trade war. Beijing's retaliatory levies range from 10% to 15% on US agricultural products, including chicken, wheat, fruits and vegetables — affecting some US$21 billion worth of American agricultural and food products. A group of US firms has also been added to China's export control list on the grounds of national security. Kate Fisher reports from Washington DC.