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The Chinese government has a plan to retaliate against increases in U.S. tariffs regardless of the volume of goods targeted, according to an official in Beijing.

China is ready to respond to measures from U.S. President Donald Trump whether they involve $16 billion or $200 billion of Chinese imports, the official said Thursday, asking not to be identified.

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It all happened in the middle of the night for most Americans, who awoke the morning after a day of riveting testimony on Capitol Hill by Trump’s former personal attorney Michael Cohen to learn about the collapse of the summit. A success with Kim would have allowed Trump to change the narrative after a difficult […]

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