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China threatens to end iPhone sales if US imposes stiff tariffs
China has threatened to stifle American trade if US president-elect Donald Trump makes good on his campaign promise to impose massive tariffs on the country's imports.
One of the most regular pledges that Trump made during the run-up to the election was to impose what he called "defensive" tariffs of 45 percent on Chinese imports and to have Beijing officially declare a currency manipulator, "the greatest in the world." At a rally in Florida in August, the Republican suggested these tariffs would force China to "stop the cheating."
In an excoriating op-ed, China's state-run newspaper, Global Times, warned that the People's Republic would adopt "a ***-for-tat approach," and would simply stop buying American goods, including the Apple products that are so popular there. It said:
A batch of Boeing orders will be replaced by Airbus. US auto and iPhone sales in China will suffer a setback, and US soybean and maize imports will be halted. China can also limit the number of Chinese students studying in the US.
China threatens to end iPhone sales if US imposes stiff tariffs | Ars Technica UK
China threatens to end iPhone sales if US imposes stiff tariffs
China has threatened to stifle American trade if US president-elect Donald Trump makes good on his campaign promise to impose massive tariffs on the country's imports.
One of the most regular pledges that Trump made during the run-up to the election was to impose what he called "defensive" tariffs of 45 percent on Chinese imports and to have Beijing officially declare a currency manipulator, "the greatest in the world." At a rally in Florida in August, the Republican suggested these tariffs would force China to "stop the cheating."
In an excoriating op-ed, China's state-run newspaper, Global Times, warned that the People's Republic would adopt "a ***-for-tat approach," and would simply stop buying American goods, including the Apple products that are so popular there. It said:
A batch of Boeing orders will be replaced by Airbus. US auto and iPhone sales in China will suffer a setback, and US soybean and maize imports will be halted. China can also limit the number of Chinese students studying in the US.
China threatens to end iPhone sales if US imposes stiff tariffs | Ars Technica UK