China rejects US ‘tariff blackmail’, vows to 'fight to the end' as Trump pushes for additional 50% hike

China has rejected what it calls the “blackmail” of the United States, vowing to “fight to the end” if Washington pushes ahead with steep new tariffs. US President Donald Trump has threatened additional 50% duties on Chinese imports unless Beijing backs down from its own retaliatory measures. The dispute has rocked global financial markets, sparked countermeasures from Europe, and raised fears of a wider recession. Both sides remain entrenched as other nations scramble to avoid being caught in the crossfire.