China says they will retaliate - but there is not $200 billion of US imports remaining to them to raise tariffs on.
This round is the end of equivalent tit for tat exchanges of tariffs.
China is running out of ammo. The next (final) round, if imposed, would be largely one sided, and would likely send Chinese markets into crisis, their economy into recession, and risk a debt and/or asset bubble and/or currency crisis.
I’d guess this round will be triggering some stops on Chinese stock markets tomorrow. Much of the industry getting these tariffs will simply be leaving China, if the tariffs stay in place.
China also has, of all things, a “pig plague” to deal with, as do their Nork puppets, now, and this is not a minor deal. China literally has over 3x as many farm hogs as the US, and if most of them die...
Again, #### em.