Chinese President Xi Jinping. Photo: Lintao Zhang / Getty Images

China vowed on Friday that it will fight back "at any cost" if the Trump administration continues to impose new tariffs on Chinese goods, according to a statement from China's commerce ministry.

Why it matters: China increasing tariffs on the United States would be difficult, as the country only imports $130 billion in goods from the U.S., so U.S. businesses may be China's next target. That could hurt both countries' GDP by as much as .3%, per the Wall Street Journal.

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Updated 23 mins ago - Politics & Policy

Coronavirus dashboard

Illustration: Aïda Amer/Axios

  1. Global: Total confirmed cases as of 3:30 p.m. ET: 12,123,257 — Total deaths: 551,384 — Total recoveries — 6,650,507Map.
  2. U.S.: Total confirmed cases as of 3:30 p.m. ET: 3,084,690 — Total deaths: 132,803 — Total recoveries: 953,420 — Total tested: 37,431,666Map.
  3. Public health: Cases rise in 33 statesFlorida reports highest single-day coronavirus death toll since pandemic began.
  4. Science: World Health Organization acknowledges airborne transmission of coronavirus.
  5. Travel: Young adults are most likely to have moved due to coronavirus.

Judge asks full appeals court to review panel's dismissal of Flynn case

Photo: Alex Wroblewski/Getty Images

D.C. District Judge Emmet Sullivan on Thursday petitioned for the full D.C. Court of Appeals to rehear a three-judge panel's decision to order the dismissal of the case against former national security adviser Michael Flynn.

Why it matters: The panel's 2-1 decision could be overturned by the full 11-judge appeals court if it decides to take up the en banc review.

Michael Cohen taken back into federal custody

Michael Cohen arrives at his Park Avenue apartment on May 21 in New York City. Photo: Johannes Eisele/AFP via Getty Images

President Trump's disgraced former personal lawyer Michael Cohen is heading back to prison after refusing the conditions of his home confinement, according to two people familiar with the situation.

Details: A New York Post report earlier this month placed Cohen out at a restaurant in New York with his wife, while one of the sources said that more broadly he refused to wear an ankle bracelet.