China Has Plenty of Options to Retaliate Against U.S. Tariffs

  • Apple, Boeing and soybean exports are all at risk: Rabobank
  • Beijing ‘strongly’ dissatisfied with tariffs on solar, washers
Joshua Crabb, Old Mutual Global Investors head of Asian equities, discusses President Donald Trump’s tariffs.(Source: Bloomberg)
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U.S. President Donald Trump may soon get a lesson about tangling with China on trade: Beijing can punch back.

China has a long history of tit-for-tat retaliation when it comes to trade disputes and may well dust off the same policy playbook in the wake of the Trump administration’s decision to slap tariffs on solar panels and washing machines.