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China and U.S. Exchange Threats Over Escalating Trade War as Tariffs Double

China warns it is ready for 'any type of war' after President Trump imposes additional tariffs, while the U.S. declares its military preparedness.

  • President Trump announced a new 10% tariff on Chinese imports, doubling the rate imposed last month, with claims it will benefit American farmers.
  • China responded by implementing 10%-15% tariffs on U.S. agricultural products, including soybeans and corn, and restricting 25 U.S. firms on national security grounds.
  • The Chinese embassy in the U.S. stated that China is ready for a trade war or 'any other type of war,' marking a significant escalation in rhetoric.
  • Defense Secretary Pete Hegseth emphasized that the U.S. is prepared for potential conflict, citing military readiness and the need to counter China's growing defense capabilities.
  • China criticized the U.S. for using fentanyl as a justification for the tariffs, calling it a 'flimsy excuse' and accusing the U.S. of blackmail.
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