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China to Escalate Retaliation in Trade War


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#1 redfoliage2

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Posted 24 March 2018 - 12:13 PM

Trade expert and former Vice Minister of Commerce Wei Jianguo said on the 24th that China has made full preparations for the United States to impose restrictions on China. The U.S. needs a precipice, otherwise China's follow-up may take further measures against U.S. tariff collection. Wei Jianguo, deputy director of the China International Economic Exchange Center, told the China Daily on the 24th that following the announcement of the first batch of suspension of concessional products, China is studying the second and third batch of lists, such as aircraft and chips. Moreover, the measures China can take are not limited to the commodity sector, and other industries such as financial catering and tourism are also possible.


Edited by redfoliage2, 24 March 2018 - 12:23 PM.


#2 redfoliage2

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Posted 24 March 2018 - 12:20 PM

http://westdollar.co...4848151131.html

 

http://news.abs-cbn....n-us-trade-spat


Edited by redfoliage2, 24 March 2018 - 12:27 PM.


#3 Data

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Posted 24 March 2018 - 12:36 PM

The US is trying to block Made in China 2025 which would threaten Japan, South Korea, and Taiwan which build and design higher-end electronics products and components.

 

https://www.ft.com/c...4b-bc4b9f08f381



#4 CLK

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Posted 24 March 2018 - 02:21 PM

China pollutes the planet, by land, air and sea. If manufacturing comes back to the US that will stop and we will be 

better off. It's time for a shake up, trade imbalance has gone on too long. There are plenty of jobs available, only in

the trucking industry though, they probably need people to move the Chinese imports to where they need to go. 



#5 dTraderB

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Posted 25 March 2018 - 02:21 PM

I agree China and many others say they want free trade but what they really want is full access to other markets while imposing restrictions in their space. 

 

Previous Presidents should have done much more to tackle this phony Free Trade environment and Trump has the right intention but 

a terribly flawed implementation.