Hong KongCNN — While many nations are scrambling to strike tariff deals with Trump, China is standing up to him, hoping to turn “crisis into opportunity.”Within 48 hours of Trump’s market-hammering announcement of tariffs on countries across the world, the world’s second-largest economy swiftly retaliatedwith its own punitive measures on US goods and firms.Then, after the US president vowed to ratchet up tariffs again on Monday, Beijing once again vowed to hold the line. “The US threat to escalate tariffs on China is a mistake on top of a mistake,” its Commerce Ministry said a statement.The threat “once again exposes the blackmailing nature of the US,” the statement said. “China will never accept it. If the US insists on its own way, China will fight to the end.”Beijing’s defiance is part of what has appeared to be a carefully calibrated confidence from a Chinese government that’s decided to position itself an oppositional force standing up to what it calls “unilateral bullying” from the US.
china isn’t backing down
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