China’s threats of retaliation ring hollow.
We have at least a $500bil trade deficit with them. And, we are the largest market in the world for all finished goods.
If they want a trade war, they’re stupid.
They won’t survive it, and we will.
And China knows this. They also know what the US seeks is fair and reasonable.
They will not destroy themselves over something fair and reasonable.
“We have at least a $500bil trade deficit with them. “
Actually it’s $375b.