(Sept 2): China shrugged off US President Donald Trump’s latest escalation of the tariff war, with state media signalling the government is ready to weather the economic turbulence as no progress to resolve the standoff is in sight.

Editorials and commentaries since the Trump administration slapped tariffs on roughly US$110 billion ($153 billion) in Chinese imports on Sunday have focused on the impact that the latest hikes on goods produced in China will have on US consumers. Late Sunday, the State Council, or cabinet, released a statement pledging to increase economic support if needed.

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