If US publishes a list of 100 billion U.S. dollars, China will immediately fight back

[Adam WANG SHANGHAI MEGA]

China's Ministry of Commerce: If US publishes a list of 100 billion U.S. dollars, China will immediately fight back.

Daily Economic News 2018-04-06 20:44


On April 4th, after China released a list of tax items worth US$50 billion from the United States, Trump said that it will levy taxes on Chinese goods worth US$150 billion, up from 50 billion. Dollars. In response, the Chinese Ministry of Commerce will hold a press conference on Sino-US trade issues at 20:00 p.m. on April 6.

Chinese Ministry of Commerce:

The United States misjudged the situation. The U.S. action was extremely wrong. China is ready to respond and will not hesitate to respond. If the United States announces a list of 100 billion U.S. dollars, China will immediately fight back.

China has very detailed countermeasures. China does not rule out any options. We believe that this is a contradiction between unilateralism and multilateralism, a contradiction between free trade and protectionism, and harming China’s core interests.

After the United States released the 301 investigation report, and after the list, China resolutely responded, and the United States has put forward an additional 100 billion US dollars of product list. China has made a firmer response.

In accordance with the way we think at the bottom line, we are ready for further U.S. escalation actions, and we have formulated very specific countermeasures. We will not pick anything but if someone picks things up, we will fight against them. The Chinese have always been very Seriously, we must say to do it (daily economic news according to the press conference site).

 

[dy1022]

 

[ashok321]

There is no reason why China should not.

 

[Dotachin]

China should start dumping US debt. Things will get interesting then. Tariffs of 50 Billion-100 billion among countries with multi-trillion economies is just TV soap drama.

 

[ChineseTiger1986]

China should start dumping US debt. Things will get interesting then. Tariffs of 50 Billion-100 billion among countries with multi-trillion economies is just TV soap drama.

China losing 1 trillion in exchange of terminating the dollar hegemony is still a big win.

 

[Samlee]

China losing 1 trillion in exchange of terminating the dollar hegemony is still a big win.

China Should Stop Agricultural Imports From USA And Import From Your Good Friend Pakistan Which Right Now Has Surplus Stock Of Wheat Rice and Maize As Well As Massive Ethanol Production Potential

You Don't Even Need Dollars Just Pay Us In Yuan

 

[nang2]

China Should Stop Agricultural Imports From USA And Import From Your Good Friend Pakistan Which Right Now Has Surplus Stock Of Wheat Rice and Maize As Well As Massive Ethanol Production Potential

You Don't Even Need Dollars Just Pay Us In Yuan

Now, that is how business should be done.

 

[Samlee]

Now, that is how business should be done.

China Should Immediately Dump Dollar Bonds In Favour Of Gold and Start Trading In Other Currencies.The Only Reason China Kept US Afloat Was That It Was The Largest Export Market Now That Trump Is Closing That Market
There Is No Reason For China To Keep US On Life Support.Pull The Plug Xi Pull The Plug

 

[nang2]

China Should Immediately Dump Dollar Bonds In Favour Of Gold and Start Trading In Other Currencies.The Only Reason China Kept US Afloat Was That It Was The Largest Export Market Now That Trump Is Closing That Market
There Is No Reason For China To Keep US On Life Support.Pull The Plug Xi Pull The Plug

Well, one thing economy hates the most is sudden movement, particularly in those large and complex economies that involve ever more intertwined exchanges. That is why businessmen hate trade wars with tariffs, except those losers that are supposed to be helped by tariffs. Governments can impose tariffs overnight but it takes much longer time to plan and adjust in actual business.

 

[ohmrlobalobayeh]

Every single nation's economy in this world is evitably tied to the US's(except N.korea, Iran, Russia) and china's.

This trade war will devastate the Us if china sells off its treasury bonds. When the US economy is affected, the international Rothchild banking system-controlled central banks of almost every nation in this world are affected(China, N.korea, Iran n Russia are immune)

When the big boys fight, the small pawns suffers the colleteral damage.

 

[Chhatrapati]

This trade war will devastate the Us if china sells off its treasury bonds.

If China sells off a trillion+ dollar worth of treasury bonds, it will only reduce the price of these T-bonds. So, in the process of 'getting back at US' by selling their bonds, China will be at a loss of billions of dollars. And the US will be happy their debts slide as the interest for it will be down. You think the US hasn't anticipated such a move. Also, if China decides to drop T-Bonds ever wonder what would happen with those Chinese private companies who have billions of US holdings and liquid assets?

Such a move is good for talking in here and waiting for US economy to collapse over a trillion dollar bonds. In the end, it will affect US and China the most. rest of the world comes later.

 

[jetray]

If China sells off a trillion+ dollar worth of treasury bonds, it will only reduce the price of these T-bonds. So, in the process of 'getting back at US' by selling their bonds, China will be at a loss of billions of dollars. And the US will be happy their debts slide as the interest for it will be down. You think the US hasn't anticipated such a move. Also, if China decides to drop T-Bonds ever wonder what would happen with those Chinese private companies who have billions of US holdings and liquid assets?

Such a move is good for talking in here and waiting for US economy to collapse over a trillion dollar bonds. In the end, it will affect US and China the most. rest of the world comes later.

US is increasing the interest rates as such the bond prices will decrease. Either way china will lose money. If they sell it americans or some one will else will buy it for less. In short it is like gifting uncle sam extra money for doing no work.


Other question is where will china plunk all the trillion dollars? If they had so much confidence in their own economy they would not have bought US bonds in the first place.

 

[Huan]

China Should Immediately Dump Dollar Bonds In Favour Of Gold and Start Trading In Other Currencies.The Only Reason China Kept US Afloat Was That It Was The Largest Export Market Now That Trump Is Closing That Market
There Is No Reason For China To Keep US On Life Support.Pull The Plug Xi Pull The Plug

Why not just hold onto those $1.2 trillion of Treasury bonds and demand much higher interest rates for any future purchases of bonds?

 

[oprih]

I expect China to hit back harder.

 

[ohmrlobalobayeh]

If China sells off a trillion+ dollar worth of treasury bonds, it will only reduce the price of these T-bonds. So, in the process of 'getting back at US' by selling their bonds, China will be at a loss of billions of dollars. And the US will be happy their debts slide as the interest for it will be down. You think the US hasn't anticipated such a move. Also, if China decides to drop T-Bonds ever wonder what would happen with those Chinese private companies who have billions of US holdings and liquid assets?

Such a move is good for talking in here and waiting for US economy to collapse over a trillion dollar bonds. In the end, it will affect US and China the most. rest of the world comes later.

yes i do think while US has likely included such a possiblity, they do not expect that china will make such a move. Otherwise, trump's advisor would not be unilaterally claiming that the disputes are opened to 'negotiations':

https://www.cnbc.com/2018/04/06/kud...t-with-china-but-this-is-not-a-trade-war.html

• National Economic Council Director Larry Kudlow says the U.S. is open to trade talks with China, but no formal discussions have begun.

https://www.reuters.com/article/us-...ina-no-session-set-yet-official-idUSKCN1HC31H

WASHINGTON (Reuters) - The United States is willing to negotiate with China on trade, but only if talks are serious, as previous attempts produced little progress, a senior U.S. official told Reuters late on Thursday as trade tensions between the two nations escalated.

= US is claiming negotiations are going on/gonna take place

But China says:

https://www.ft.com/content/623ce760-39a5-11e8-8b98-2f31af407cc8

US stocks tumbled on Friday after China rejected the idea of negotiating with the US to ease escalating trade tension and Donald Trump’s treasury secretary said “there is the potential of a trade war.”


"The US started its [IP] investigation and proposed another $100bn of tariffs. Against this backdrop, China will not negotiate"

-Chinese commerce ministry

= China will not negotiate(against being imposed on by demands with tariffs as threats)

yes i do think while US has likely included such a possiblity, they do not expect that china will make such a move. Otherwise, trump's advisor would not be unilaterally claiming that the disputes are opened to 'negotiations':

https://www.cnbc.com/2018/04/06/kud...t-with-china-but-this-is-not-a-trade-war.html

• National Economic Council Director Larry Kudlow says the U.S. is open to trade talks with China, but no formal discussions have begun.

https://www.reuters.com/article/us-...ina-no-session-set-yet-official-idUSKCN1HC31H

WASHINGTON (Reuters) - The United States is willing to negotiate with China on trade, but only if talks are serious, as previous attempts produced little progress, a senior U.S. official told Reuters late on Thursday as trade tensions between the two nations escalated.

= US is claiming negotiations are going on/gonna take place

But China says:

https://www.ft.com/content/623ce760-39a5-11e8-8b98-2f31af407cc8

US stocks tumbled on Friday after China rejected the idea of negotiating with the US to ease escalating trade tension and Donald Trump’s treasury secretary said “there is the potential of a trade war.”


"The US started its [IP] investigation and proposed another $100bn of tariffs. Against this backdrop, China will not negotiate"

-Chinese commerce ministry

= China will not negotiate

Also, a major collateral victim would be India. India's central bank is Rothschild-controlled(just like most of the world, except China, Russia, Iran and N.korea).

https://rbidocs.rbi.org.in/rdocs/content/PDFs/89634.pdf
page 19

Thus, India banking system is a pawn of the US banking system which in turn, is part of the international Rothschild banking system . India's fiscal health is intertwined with that of the US's- there is no escape.

Face it, any disturbances to the US economy will its banking situation and thus- directly affect India's.