Targeting U.S. automaker signals possible China retaliation over Trump talk
Source: http://www.reuters.com/article/us-usa-trump-china-
China's plan to punish a U.S. automaker accused of price-fixing is a sign of how Beijing could retaliate if President-elect Donald Trump upends decades of relations between the two nations.
Trump's assertion that the United States need not be bound by the policy that Taiwan is part of "one China" would erode a bedrock of U.S.-China ties that has underpinned the vast increase in trade and cooperation between what are now the world's two largest economies.
Few expect the disagreement will lead to outright military confrontation, nor even the kind of economic war that many feared could be launched by Trump's threat during the U.S. presidential campaign to slap tariffs of up to 45 percent on Chinese imports.
However, a rising China has plenty of other ways to push back hard if Trump presses on the Taiwan question, which most analysts see as the most sensitive part of the U.S.-China relationship.
Read more: Reuters
In case there is a problem with the link (it was not copying and pasting properly):
http://www.reuters.com/article/us-usa-trump-china-ramifications-analysi-idUSKBN1440AB
Cosmocat
(14,584 posts)and they are just going to take it ...
THAT is going to happen.
Say what you want about the Chinese, but they aren't republicans.
BumRushDaShow
(129,952 posts)Yeah, they can stop buying our debt and then we're fucked.
Kilgore
(1,733 posts)Say it's not so!
BumRushDaShow
(129,952 posts)has nothing to do with the "current" budget.
Wellstone ruled
(34,661 posts)China. Trump wiped out Billions of Ford Motor value with his stunt. And GM was the victim yesterday as China put down the line in the sand with a charge that G M was not in compliance with their rules and regs.With the hit on GM,Ford suffered via the use of trading Algorithms. And again they take another hit.
It has become obvious as of this morning,Trump is going to kiss the Putin Ring and diss China and through Tiwian into the China gears.
ananda
(28,895 posts)If China plays hardball with our big corporations,
I wonder then how outsourcing will go.
More specifically, I wonder whether the corporations
will regret their support of fascism.
We'll see.
Wellstone ruled
(34,661 posts)you and I to think the people of China are a 3 billion pool of idiots and do not understand the interrelations of the World. Well guess what,they have a History of over four thousand years,Trump has a History of his last tweet.
Remember a famous line from a Army General leading his troops in Korea in the fifties. We have the Greatest Army on the Planet,but if the Chinese get involved,they would sent a 100k troops a day against us. Some type of Peace arrangement is our only hope.
The Republican Party went total nuts and turned their attention towards finding Commies behind ever tree.