<ul><li>China vows to fight back after Trump announces new tariffs.</li><li>China's Commerce Ministry criticizes the U.S. actions as 'completely groundless' and pledges to take all necessary countermeasures.</li><li>Tensions between the U.S. and China escalate, leading to volatility in global financial markets and raising concerns about supply chains, consumer prices, and economic growth.</li><li>President Trump aims to address what he perceives as unfair trade practices by China, while Beijing defends its sovereignty and economic interests.</li></ul>

China Vows to Fight Back After Trump Announces New Tariffs

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