The trade war between the United States and China is ramping up as the US adds tariffs on Chinese imports to the US.

The Chinese government says it will never surrender to foreign pressures and added that they would retaliate on the high US tariffs of $200 billion worth of Chinese goods. China was not clear on how they would go about this retaliation process.

Chinese Foreign Ministry Spokesman Geng Shaung said, “Regarding the US adding tariffs to Chinese exports to the US, China has to take countermeasures. As for the details, please continue to pay attention; wait and see.”

Yesterday, the US ordered tariffs on all additional remaining imports from China, which affects another $300 billion worth of goods.

President Trump said Beijing “broke the deal by backtracking on earlier comments made during months of negotiations.” He wants China to change its laws, despite how unlikely that may be.

Today, a Beijing official said that China would not swallow the “bitter fruit that harms its core interests.”

Investors are bracing for possible countermeasures from China. Chinese stocks suffered a decrease today as the Shanghai Composite lost 1.3% and the CSI ChinaAMC Economy Blue Chip lost 1.8%.

Only time will tell whether the US and China will strike a future deal or try to re-negotiate the terms of the standing one.