China warns US of retaliation over Trumps 100% tariffs threat

Investors brace for another bout of trade war turmoil as Beijing says it will act if US president fails to back downBeijing has told the US it will retaliate if Donald Trump fails to back down on his threat to impose 100% tariffs on Chinese imports as investors brace for another bout of trade war turmoil.Chinas commerce ministry blamed Washington for raising trade tensions between the two countries after Trump announced on Friday that he would impose the additional tariffs on Chinas exports to t...