• News Desk - Reuters

IF THE US CHINA TRADE WORSENS.....


What can Beijing do if the US-China trade row worsens ?

China and the United States sank into a deepening trade conflict that roiled financial markets Tuesday after U.S. President Donald Trump threatened to impose tariffs on an additional $200 billion of Chinese products, prompting Beijing to accuse Washington of starting a trade war. Trump said Monday his threat was retaliation for China’s decision to raise tariffs on $50 billion of U.S. goods over the weekend, a move that itself was in response to additional U.S. tariffs on Chinese products announced Friday.The sheer size of Trump’s latest threat makes it impossible for an in-kind response from China since the value of the goods involved exceeds by $70 billion the total value of U.S. imports to China last year, U.S. data shows. From imposing more tariffs, creating business bottlenecks, to making it difficult for US deals in China, to manipulating currency moves, to boycotting US goods, there could be a multitude of ways in which China can retaliate.

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#USChinatradeworries #Tradeconflict #china #beijing #trump #xijinping

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