HONG KONG/SHANGHAI -- China on Thursday vowed to retaliate after U.S. President Donald Trump hiked tariffs on dozens of countries to new heights, sharply escalating tensions between the superpowers.
Trade war
China blasts Trump's 'bullying' tariffs, vows countermeasures
Beijing urges consultations; Fitch downgrade delivers separate blow
China said the U.S. was "ignoring" the benefits it derives from the global trading system, after President Donald Trump announced a raft of new tariffs. © Reuters
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