This is what China can retaliate against US tariffs

China is the world’s second largest economy and the second largest importer of US goods. In China, the agencies are at least $ 784 billion in US federal debt. The country also manages most of the world’s rare element offer Production technology. China can arm this assets if a whole commercial war is broken US consumers and businesses.

“China is actually a bigger financial capacity than seen on the surface,” said Brad Duster, a member of the Foreign Relations Council.

Since 2018, China has also included export control, including export controls, and can be used to put pressure on such jobs Tesla and AppleTensions should increase between the two countries.

When the tariff rates rise in this spring, the Ports of the United States in the West Coast said that concerns about water deficiency in Asia have slowed down the lack of water.

In April, the White House is growing in several tariffs for import from the United States, which can get from the United States Up to 245%. The average tariff rate for China exports to the United States has risen to April 124.1%, according to an analysis Institute of Peterson International Economics. According to the analysis, China’s average tariffs for US exports are higher.

“We have already raised the tariffs so high because trade will go to zero over time,” During the Biden administration, Setser said the US trade representative was the senior consultant.

Members of the Trump management suggested that China arrives at the Negotiation Table. But in China, the Board insists it No trade negotiations occurred between two super power nations.

“This 125%, 145% of tariffs are unstable” Treasury Secretary Scott Bessent said CNBC’s “Squawk box”“On April 28th.

In April, China’s leaders called the peoples around the world “unilateral violence“From the United States. They promised to take revenge against countries Cut deals to the United States to China’s Damage.

“China sends strong signals … Tariff games and games with supply chain games are going to live,” he said.

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