China warned on Friday it would fight back "at any cost" with fresh trade measures if the US continued on its path of protectionism, hours after President Donald Trump threatened to slap an additional $100-billion in tariffs on Chinese goods. In light of China's "unfair retaliation" against earlier US trade actions, Trump upped the ante on Thursday by ordering US officials to identify extra tariffs, escalating a high stakes tit-for-tat confrontation with potentially damaging consequences for the world's two biggest economies. On Wednesday, China unveiled a list of 106 US goods - from soybeans and whiskey to frozen beef and aircraft - targeted for tariffs, in a swift retaliatory move only hours after the Trump administration proposed duties on some 1300 Chinese industrial, technology, transport and medical products. Washington has called for the $50-billion in extra duties after saying a probe has determined Chinese government policies are designed to transfer US intellectual propert...
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