China is preparing a devastating retaliation to new American tariffs on Chinese goods, a former commerce official has warned, as the trade war between the two nations escalates.
But according to Wei Jianguo, a former vice minister at China’s Ministry of Commerce, Trump’s latest escalation will be met with a powerful response from Beijing. Wei suggested that American agricultural goods, planes and vehicles could all be key targets for Chinese retaliation. Their impact could be particularly keenly felt in the lead-up to the 2020 election. “If [the U.S.] does not realize its mistake, it will create problems of a historic nature,” he said.
Chinese state media has also dismissed the latest American steps in the costly trade war and warned that the administrations miscalculations would end up costing the country dear. An editorial in the state-backed Global Times newspaper, for example, said America’s maximum pressure policy “is useless.”
EnemyOfThePeople is at it again. America will be “cowboy masters” in response to Chinese cheating . Bang bang
Sure thing Snowflake thank God we have a POTUS that will stand up to the Dragon 👏they need us more than we need them.... Winning
Cheeto's new plan is to have the US Government buy the surplus commodities that China pulls away form, and give it 3rd world countries. So at the end of the day, we buy priced imports from China, and have to give away the product China doesn't take from us. So much winning!!
. DuhnaldTrump PUTINtrump2020 MAGA=ManipulatingAmericasGullibleAspirants GOP=GuzzlingOrangePiss .
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
China isn't 'desperate' for a trade deal with the US, former Australian leader saysU.S. President Donald Trump's negotiators are set to meet Chinese officials this week to continue working on a trade deal. Who tf asked Kangaroo Jack what China had to say, ABOUT THE TRADE DEAL WITH THE U.S.? Idk if he is aware that his little statement is spying. Case and point. And shit starting. Because its not even his(their) busisness to tell. Lol, an Australian. Trump's trying to stop raising of China however not only Trump but also Franklin and Jefferson could try to stop China it doesn't happen. Never ever it will happen. USA must sign a good deal with China If it wanna keep stay strong in the long term.
Source: CNBC - 🏆 12. / 72 Read more »
As Trump fights with China over trade, U.S.-China economic relationship already being redefinedThe trend of U.S. companies serving Chinese consumers with products made in China could pose a significant challenge to Trump’s “America First” agenda Whose side is WAshington Post on: America's or China's? it seems like China's. Boycott China. Even Chuck Shummer agrees. Paradise Lost - Trump
Source: washingtonpost - 🏆 95. / 72 Read more »
US tariffs on China jump as deadline passes, China immediately says it will retaliateThe Trump administration is hiking duties on $200 billion worth of Chinese products to 25% from 10%. Futures are reacting based on your tweets . Do you guys have set any algorithms?
Source: CNBC - 🏆 12. / 72 Read more »
Cramer Remix: China needs us more than we need ChinaJim Cramer explains how the United States has the upper hand in trade negotiations with our stronger, cash fueled economy. We owe China money. Correct Nicely written, hope more people will understand how important crypto is becoming. Higly recommend to check instacryptonews , they are great in delivering news fast.
Source: CNBC - 🏆 12. / 72 Read more »
US Navy destroyers sail near disputed islands claimed by China in South China SeaTwo U.S. guided missile destroyers sailed near disputed islands claimed by China in the South China Sea on Monday, the U.S. Navy says in a statement. These islands were all developed and built under the Obama administration, without any objections. they will keep doing so, and China's pathetic navy can't do anything about it. Great!
Source: ABC - 🏆 471. / 51 Read more »
Ex-Obama advisor Larry Summers says any US-China deal will not be the 'right one'Former Obama advisor Larry Summers isn't hopeful about a trade deal between the U.S. and China. just because that weak administration did nothing, doesnt mean all Presidents moving forward will also do nothing. The amount of losing the Obama admin did was outstanding..(Iran, ObamaCare, hell, even Michelle failed with her lunch program).. . What did he ever do to make things better loserobama losersummers MAGA Well Larry Summers is frickin Obama Democrat. What do you expect?
Source: CNBC - 🏆 12. / 72 Read more »
Treasury yields move lower as increased tariffs on China kick inU.S. government debt prices were higher on Friday morning as U.S.-China trade tensions escalate further. Donald:
Source: CNBC - 🏆 12. / 72 Read more »
US-China trade talks break up after US raises tariffsTrade talks between the US and China end without a deal, but negotiators from both sides say they held 'constructive' talks that went 'fairly well' after the US raised tariffs on $200 billion in Chinese goods and Beijing promised to retaliate.
Source: trtworld - 🏆 101. / 63 Read more »
U.S. poised to double tariffs on $200 billion of Chinese imports, escalating U.S.-China trade warU.S. poised to more than double tariffs on $200 billion of Chinese imports, escalating trade war; talks expected to resume Friday Is it me or have we heard the word 'tariffs' a lot more than usual lately? ComeyTownHall God dam eraser will be 9 dollars tomorrow and rocket man will fire 13 “non threatening” tiny rockets that cost more then his train to celebrate. F！
Source: washingtonpost - 🏆 95. / 72 Read more »
US-China talks break up after US raises tariffsUS-China talks break up with no deal after Trump hikes tariffs on $200 billion in Chinese imports China has made a calculation that Trump not be around in 20 months. This deal they stressing may never see the light of day. So they will play hardball and made Donny crawl on his knees for a deal desperately needs for 2020. thanks, US. now we have to deal with DDOSing. 'The Art of the No Deal'
Source: ABC - 🏆 471. / 51 Read more »
U.S. CEO group says rising U.S.-China tariffs could hurt economyBusiness Roundtable, a group of U.S. corporate chief executive officers, said on... Go figure everyone one and thing seem to be afraid to say anything ! there're no 'could' about it ! cover your ass. CEO group? 😂😂😂
Source: Reuters - 🏆 2. / 97 Read more »