China’s Response To Trump Needs To Be $20 Billion, Not $200 Billion — Panjiva
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China’s Response To Trump Needs To Be $20 Billion, Not $200 Billion

Ags - Forestry 99 Ags - Grains/Beans 162 China 1758 Elections 51 Industrials - Aero/Defense 132 Info Tech - Tech Hardware 378 Materials - Metals/Mining 482 Metals - Aluminum 159 Metals - Copper 39 Tariffs 1169 U.S. 3297

The Chinese government will take “necessary counter-measures” against 10% duties proposed by the U.S. on $200 billion of Chinese exports. That’s part of the exchange of tariff threats started by America’s section 301 review of China’s IP practices. A direct economic response is possible. At first glance China’s options appear limited – exports to the U.S. outnumber imports by 2.6x while $45 billion out of $132 billion of imports have already been targeted for tariffs. Yet, other routes to generate $20 billion (10% duties times $200 billion of products) of retaliation could be follo...

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