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China Has Arsenal of Non-Tariff Weapons to Hit Back at Trump

From bloombergquint.com

Donald Trump’s threat to impose tariffs on an additional $200 billion of imported Chinese goods could see China retaliate with a wide range of non-tariff barriers. Because China only imports around $130 billion worth of goods from the U.S., its ability to match the tariffs dollar-for-dollar is limited. The U.S. imported $505 billion of goods from China last year. Upping the ante: Read more on Trump’s latest tariff threat. While China may jack up existing tariffs beyond the 25 percent level imposed so far, it could also inflict significant pain by increasing regulatory oversight of American companies, slowing down ... (full story)

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  • Category: Fundamental Analysis