{"id":35236,"date":"2018-06-19T07:16:20","date_gmt":"2018-06-19T12:16:20","guid":{"rendered":"http:\/\/olduvai.ca\/?p=35236"},"modified":"2018-06-19T07:16:20","modified_gmt":"2018-06-19T12:16:20","slug":"here-are-the-six-ways-china-could-retaliate-in-trade-war-with-the-u-s","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=35236","title":{"rendered":"Here Are The Six Ways China Could Retaliate In Trade War With The U.S."},"content":{"rendered":"<div id=\"block-zerohedge-page-title\" class=\"block block-core block-page-title-block\">\n<h3 class=\"page-title\"><a href=\"https:\/\/www.zerohedge.com\/news\/2018-06-19\/here-are-six-ways-china-could-retaliate-trade-war-us\"><span class=\"field field--name-title field--type-string field--label-hidden\">Here Are The Six Ways China Could Retaliate In Trade War With The U.S.<\/span><\/a><\/h3>\n<\/div>\n<div id=\"block-zerohedge-content\" class=\"block block-system block-system-main-block\">\n<article class=\"node node--type-article node--view-mode-full\" role=\"article\" data-gtm-vis-recent-on-screen-2077925_22=\"1162\" data-gtm-vis-first-on-screen-2077925_22=\"1162\" data-gtm-vis-total-visible-time-2077925_22=\"100\" data-gtm-vis-has-fired-2077925_22=\"1\">\n<footer class=\"node__meta\">\n<div class=\"submission-wrapper\"><\/div>\n<\/footer>\n<div class=\"node__content\">\n<div class=\"clearfix text-formatted field field--name-body field--type-text-with-summary field--label-hidden field__item\">\n<p>It&#8217;s all about the trade war between the US and China this morning, and more specifically, how will Xi retaliate to Trump.<\/p>\n<p>For those who missed the overnight fireworks, late on Monday, President Trump asked the US Trade Representative to identify USD 200BN in Chinese goods for further tariffs of 10% which will be imposed if China refuses to change its practices and goes ahead with its retaliation threat, while he also stated that China raising tariffs is unacceptable and that the US will pursue tariffs on another USD 200bln of Chinese goods if China increases tariffs yet again.<\/p>\n<p>Predictably, China &#8211; which last week reacted instantly to Trump&#8217;s first round of $50BN in tariffs &#8211; again responded immediately, wasting no time in accusing Trump of &#8220;blackmail.&#8221; China\u2019s commerce ministry said on its website that if the US \u201cirrationally\u201d moves forward with the tariffs <strong>then China has no choice but to \u201cforcefully fight back\u201d with &#8220;qualitative&#8221; and &#8220;quantitative&#8221; measures. <\/strong><\/p>\n<p>\u201cChina\u2019s response is to safeguard the interests of the country and its people,\u201d China&#8217;s Mofcom said, adding that the US \u201cpractice of extreme pressure and blackmail departed from the consensus reached by both sides during multiple negotiations and has also greatly disappointed international society\u201d.<\/p>\n<p>But now that the chips are on the table, and Trump is locked into a tit-for-tat strategy with China from which neither he nor Xi can &#8220;defect&#8221; without losing face, the question is how exactly will China retaliate to punish the US while minimizing the damage to China&#8217;s economy as much as possible.<\/p>\n<p>There are 6 possible things that China can do at this time, in order of escalating severity:<\/p>\n<p>\u2026click on the above link to read the rest of the article\u2026<\/p>\n<\/div>\n<\/div>\n<\/article>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Here Are The Six Ways China Could Retaliate In Trade War With The U.S. It&#8217;s all about the trade war between the US and China this morning, and more specifically, how will Xi retaliate to Trump. For those who missed the overnight fireworks, late on Monday, President Trump asked the US Trade Representative to identify [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2,5],"tags":[130,9937,805,3222,827,4318],"class_list":["post-35236","post","type-post","status-publish","format-standard","hentry","category-economics","category-geopolitics","tag-china","tag-tariffs","tag-trade","tag-trade-war","tag-united-states","tag-zerohedge"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/35236","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=35236"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/35236\/revisions"}],"predecessor-version":[{"id":35237,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/35236\/revisions\/35237"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=35236"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=35236"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=35236"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}