China has warned Washington that it will retaliate against the US if the Trump administration presses ahead with new reciprocal tariffs on the country next week, according to a report from state media.

China will take resolute countermeasures if the United States harm the country's interests with its upcoming reciprocal tariffs, a social media account affiliated with Chinese state broadcaster CCTV said on Friday.

Asian equities ended the week with a thud as Japan, Taiwan, South Korea, Thailand, and Malaysia fell more than -1% as tariff talk (terror?) curtails animal spirits and Indonesia closed for Hindu Saka New Year.

Both China and EU have seen their relations with the U.S sour over President Donald Trump's tariff policies. Since taking office in January, Trump has imposed 20% additional tariffs on all Chinese imports.

China's President Xi Jinping urged a gathering of multinational CEOs on Friday to protect global industry and supply chains, as Beijing seeks to assuage foreign firms' concerns over the Chinese economy's health amid threats of more U.

Markets whipsawed further Friday in response to President Donald Trump’s latest comments on tariffs, with stocks briefly turning higher after he hinted that there may be “flexibility” in his plan to impose blanket tariffs on most U.S. trading partners next month before retreating back into the red.

Xi Jinping took aim at 'individual countries' for 'politicizing' trade in a speech in Beijing, as he attempts to bolster his country's flagging economy.

The countries' three trade ministers agreed to 'closely cooperate for a comprehensive and high-level' talks on a South Korea-Japan-China FTA

China is looking to woo American business leaders to encourage foreign investment despite President Donald Trump's tariff war.