China said Tuesday it was ready to “fight to the end” in a trade war with the United States after President Donald Trump said he would slap additional 100 percent tariffs on goods from the country.
The move, revealed in a Friday social media post, was in response to Beijing’s announcement last week of sweeping new export controls in the strategic field of rare earths — currently dominated by China.
Trump also announced in the post that Washington would impose export controls “on any and all critical software” from November 1.
The latest escalation has rattled markets and called into question a potential upcoming meeting with Chinese counterpart Xi Jinping in South Korea.

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