Tuesday, April 8, 2025

China vows to ‘fight to the end’ if US insists on new tariffs

INTRO: China has slammed the US for threatening to raise tariffs and pledged to retaliate if Washington follows through on its threat, raising the stakes of the trade war between the world's two largest economies.

The stock indexes of Hong Kong, Shanghai and Shenzhen rose when trading commenced on Tuesday, after several Chinese state funds stepped in to prop up the market, The Hong Kong Hang Seng index slumped more than 13% on Monday. Laura Westbrook reports.