The US-China trade war took a sharp turn toward full-blown economic confrontation on Sunday after Beijing issued a blistering response to President Trump's threat of imposing a crushing 100% tariff on Chinese goods, warning that Washington's "threatening high tariffs at every turn" is pushing the world's two largest economies toward a point of no return.

China's Ministry of Commerce didn't mince words: "We do not want to fight, but we are not afraid to fight."

Beijing Accuses Washington Of 'Severely Harming' Relations

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"These actions have severely harmed China's interests and seriously undermined the atmosphere of the economic and trade talks between the two sides," a spokesperson for Beijing's Ministry of Commerce said in a strongly worded statement p

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