Financial Advice for Retirement, Social Security, IRAs and Estate Planning

China’s Retaliation Options

July 10, 2018

China responded to the U.S. tariffs by imposing its own tariffs on a range of U.S. goods. But this article argues that China has a range of tools at its disposal to counter any tariffs and other trade restrictions imposed by the U.S. General Motors, for example, sells more cars in China than in the U.S.

China “has less ammunition left in terms of imposing tariffs but history shows that there are various other measures it could take to inflict pain on US companies,” said Kuijs.

He cited “scaled-up health, safety and tax checks, delaying the import of goods and boycotts of US goods.”

Chinese port officials have already started upping inspections of American pork and cars, causing severe delays.



Log In

Forgot Password