00:00It's Benzinga bringing Wall Street to Main Street.
00:02China declared its readiness to confront the U.S. in any type of war as Trump escalated
00:06economic and political pressure. The Chinese embassy in the U.S. reinforced this stance on X,
00:12emphasizing its commitment to fight till the end in a trade or tariff war.
00:16The statements came after Trump's additional 10 percent tariffs on Chinese imports took
00:20effect Tuesday, bringing total tariffs to 20 percent in a month. Beijing retaliated
00:25with tariffs up to 15 percent on U.S. goods and imposed export restrictions on select U.S.
00:30entities. Analysts said Chinese tariff response targets U.S. farmers,
00:34a key Republican voting bloc. For all things money, visit Benzinga.com slash GSTV.
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