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DonViejo

(60,536 posts) Sat Mar 24, 2018, 09:17 AM Mar 2018

China Says It's 'Capable Of Defending Its Nat'l Interest' Despite Trump Tariffs

Source: Talking Points Memo/AP

By Associated Press | March 24, 2018 9:07 am

BEIJING (AP) — China’s newly appointed economic czar told U.S. Treasury Secretary Steven Mnuchin on Saturday that Beijing is ready to defend its interests after President Donald Trump announced plans to slap tariffs on nearly $50 billion in Chinese imports.

Vice Premier Liu He told Mnuchin in a phone call that the order Trump signed Thursday violates international trade rules, China’s official Xinhua News Agency reported.

The White House says the planned tariffs are aimed at punishing Beijing for allegedly stealing American technology and pressuring U.S. companies to hand it over.

Xinhua cited Liu as saying that China is “ready and capable of defending its national interest and hopes both sides will remain rational.”

Read more: https://talkingpointsmemo.com/world-news/china-defend-national-interest-trump-tariffs

5 replies

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China Says It's 'Capable Of Defending Its Nat'l Interest' Despite Trump Tariffs (Original Post) DonViejo Mar 2018 OP

trump thinks he can control the masters of our economic system? China can crash our markets with beachbum bob Mar 2018 #1

BINGO! And the WH never even considered this. nt mobeau69 Mar 2018 #2

Trump still thinks Mexico will pay for the wall. safeinOhio Mar 2018 #3

It doesn't seem to have been thought through at Joe Chi Minh Mar 2018 #4

Trump is envious of China. JustABozoOnThisBus Mar 2018 #5

beachbum bob

(10,437 posts)

1. trump thinks he can control the masters of our economic system? China can crash our markets with

Reply to DonViejo (Original post)

Sat Mar 24, 2018, 09:20 AM

Mar 2018

mere words: China will no longer buy US treasury notes.....China will sell all current US debt

the soaring cost of interest alone will hobble america as interest rates soar on everything. Not a single bullet needs to be fired to bring america to its knees.

mobeau69

(11,145 posts)

2. BINGO! And the WH never even considered this. nt

Reply to beachbum bob (Reply #1)

Sat Mar 24, 2018, 09:25 AM

Mar 2018

safeinOhio

(32,688 posts)

3. Trump still thinks Mexico will pay for the wall.

Reply to mobeau69 (Reply #2)

Sat Mar 24, 2018, 10:37 AM

Mar 2018

Economic, freaking genius.

Joe Chi Minh

(15,229 posts)

4. It doesn't seem to have been thought through at

Reply to DonViejo (Original post)

Sun Mar 25, 2018, 09:24 AM

Mar 2018

all. Apparently, it will be little more than a flea-bite for the Chinese economy, while for the US economy it will represent a far more significant penalty. Crazy country; almost as daft as the UK.

JustABozoOnThisBus

(23,350 posts)

5. Trump is envious of China.

Reply to DonViejo (Original post)

Sun Mar 25, 2018, 04:36 PM

Mar 2018

China has a president who can rule for his lifetime.

China has a wall.

What's Trump got?

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