China Is Ready to Retaliate if Trump Imposes New Tariffs

(BEIJING ) — China is ready to retaliate if U.S. President Donald Trump goes ahead with a tariff hike on Chinese goods and is confident it can maintain "steady and healthy" economic growth, a government spokesman said Thursday.

The Trump administration is poised to impose 25% penalties this week on $200 billion of Chinese goods in an escalation of their fight over U.S. complaints that Beijing steals or pressures companies to hand over technology.