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China set to convene meeting on Tuesday to discuss response to U.S. tariffs
BEIJING (Sep 18): Chinese Vice Premier Liu He is set to convene a meeting in Beijing on Tuesday morning to discuss the government’s response to the U.S. decision to impose extra tariffs on $200 billion of Chinese goods, Bloomberg News reported, citing a person briefed on the matter.
In the latest trade salvo from Washington, U.S. President Donald Trump spared smart watches from Apple and some other consumer products, but he warned that if China takes retaliatory action he will pursue tariffs on approximately $267 billion of goods.
- Bloomberg
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Discussions
Be the first to like this. Showing 9 of 9 comments
haha good good. better China retaliate.
US in long term will suffer. China will keep devalue its yuan saja.
What can US do? The FED is not on their side.
2018-09-18 13:44
If China continue to devalue yuan, then the outflow of funds become uncontrolable! To prevent outflow, China will have to implement capital control! You don't want to do that! China end up with no foreign investors like what happen to Malaysia!
2018-09-18 13:54
The other disadvantage of devaluation for china, they will not be able to sell US treasury! They have to strengthen yuan before selling US treasury!
2018-09-18 13:59
Fake Speedy Boy aka Fortunebull aka Papaya Juice, being a coward and a flip flopper, you have no integrity, credibility to talk about politics or stocks. Your views are totally baseless and without substance.
2018-09-18 20:05
Stupid!
Selling US bonds in USD, can convert to more RMB.
Like that also don't know.........
2018-09-18 20:19
Haha Ks55, you better don't irritate this fake Speedy Boy or he may fake your ID... see his profile below.
Speedy Boy
ks5555
2018-09-18 20:21
There are already too many impersonators.
They are all cheapskates trying to attract attention.
To name a few:
ks55_
ks5S
KS55
ksSS
etc etc.......
2018-09-18 20:27
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Speedy Boy
If China respond with similar tariff then the next round will cover all China goods to US! The pain will be on China consumers!
2018-09-18 13:39