China hints at looming trade war as Trump talks to Chinese president

Posted by mminnick 9 years, 7 months ago to News
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Article Extract:
"In what analysts described as an early warning shot, Chinese state media suggested Beijing could slash imports of American goods -- including iPhones -- if the U.S. imposed steeper tariffs. "Large orders for Boeing planes would switch to Europe, U.S. auto sales in China would face setbacks, Apple phones would essentially be crowded out, and U.S. soybeans and corn would be eradicated from China," the Global Times wrote in an editorial."



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