FILE PHOTO: U.S. Dollar and China Yuan notes are seen in this picture illustration June 2, 2017. REUTERS/Thomas White/Illustration/File Photo
The comments made by China’s Ministry of Commerce came after the U.S. President Donald Trump announced on Friday that Washington will impose an additional 5% duty the Chinese goods, hours after Beijing announced its latest retaliatory tariffs on about $75 billion worth of U.S. goods, in the latest tit-for-tat moves in their bilateral trade dispute.
“China strongly urges the United States not to misjudge the situation or underestimate determination of the Chinese people,” it added. At the same time, Trump announced an increase in planned tariffs on the remaining $300 billion worth of Chinese goods to 15% from 10%. The United States will begin imposing those tariffs on some products starting Sept. 1, but tariffs on about half of those goods have been delayed until Dec. 15.
If they decides no to use the USD on international trade the US dollar will plunged 25% or more. Plus they have 1.7 billion people and are the biggest import economy in the world, not only the main exporter. Most big companies already have 20% + of their sales from China.
....даааааа ужжжжж...
We in US are SO scared China. Go screw yourself, World can survive without trading with China, just give it time and the manufacturing will move to other countries.
China there can only be one bully in this playground which is USA, so you can keep using threats to control your own citizens but they are useless when it come to US.
China threatens USA.
CoryGroshek Zero Hedge said it best. China is nothing but an insolvent toxic waste dump without U.S. consumers. They f*cked around and they found out.
Grabs from Axios article.
is that exactly how they said it or just a summation, I am considering this smartwatch from China and uh, well, I'm getting it, I don't care, it's a good deal dangit,
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We are shaking in our boots
Sounds like the Communists are getting nervous.
lol, they , the Chinese must realise that is Trump's favourite word.......
Let's cut to the end of this.... Trump bows to Chinese pressure and is a worse position then when this all started. Reminiscent of NK..
Keep going. Don’t stop.
Yeah I mean this could mean real big trouble. After all Bill Clinton sold us out to communist China when he was in office. They hold a lot of our debt if not most of it. He's fucking with the wrong
Trump’s an idiot and only knows how to escalate
Am I the only one who imagines Trump and Xi on the phone together chuckling about how they're both making a killing from the chaos?
Nobody threatens unless they are afraid !
Communication and Respect goes a long way Be Super Leaders!!
Increase 10% everytime they threaten us.
Let me guess they'll move the bank of China out of Manhattan lol
Currency war begins soon...don’t you worry...included will be ICBM test expansion by the North as the side show...🤫
China can't do shit anyway. Look at Tai Wan, they once talking about occupying it by force, 30 years passed and Tai Wan is stil doing fine
CCP should stop borrowing usd to campaign for Trump. Lord knows Americans already voted against him🙄
Trump just wants to be on record for having done something big. He doesn't care if it's good or bad.
What consequence? CCP is the enemy of the world. chinazism chinazi
Blah. Blah
American debt is not china fault..
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Sounds like Trumps trade war might be a war!
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Personal egos of both global leaders is forcing the world towards an economic recession... The meteoric rise of China created a misconception of invincibility in their leadership.. started challenging US directly militarily also..US with a myopic and populist view is retaliating
Trump still can play the Trump card to force companies to stop dealing with foreign countries who compromise our National Security.
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Oh really, I don't think you can bend over any more China!
China seems to have more resolve than the USA
Yeah let's stop all this let China steal all our crap and kick our ass for the next 20 years Let's Kick the Can down the road again then when our children and children's children will look upon us as a bunch of cowards we'll have no one to blame but ourselves for being spineless
Oh, OK 👍🏻😂
China will simply find other markets for their goods. The USA is certainly a large market, but not the only one.
Some sort of understanding on trade imperative btw US and Chinese, otherwise one day we may find dollars being used in toilets.
LOL
China needs to be defeated!
Wait til China starts getting serious. The American economy will be toast. thechosenonebetterpray hesbackandgotretardsfollowin
What's the shelf life of reprinted & recycled paper trash?
Now, I am sure dotard will stop. He sounds reasonable, especially lately.
What are they going to do, start a war? Yeah, that will fix their sagging economy. The fact is China needs us more than we need them. They have far more to lose than we do. Trump knows this.
Si q vengan las consecuencias .
The bank of China sits in NYC across from Bryant park, I m sure if there was a real beef between America & China that building would be owned by an American company lol
TrumpRecession has arrived.
The Chinese put tariffs on American goods. Isn’t that a tax on the Chinese people? And won’t that destroy their economy? If so, we have nothing to worry about.
Speak for inocent people of kashmir.indian forces cant hold millions of kashmiries hostage for so long. Go india go back
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