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2 comment(s). Last comment by wilson1149 2018-06-19 11:49
Posted by wilson1149 > 2018-06-19 11:49 | Report Abuse
new era coming.
The one who won in trade war will become world leader.
No result.
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CS Tan
4.9 / 5.0
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
ks55
4,221 posts
Posted by ks55 > 2018-06-19 11:32 | Report Abuse
For the first 150 billions USD export to US, China should retaliate with equal magnitude and promptly.
For the next 200 billions USD or more, China need not bother as theses exports mainly comprised of necessity to the US household and not elastic consumables. Any tariff will just pass to the end users without compromise on market demand.
Best retaliation from China is to ban all US company's involvement in finance, banking, insurance, service industry, and to restrict Chinese citizens from visiting US.
Wang Qishan need to go to US for non-productive 'negotiation' as there is no one can represent US government other than Donald Duck.......