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China States That Iphone Sales Will Be Cut If Trump Enforces A Trade War - Phones - Nairaland

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China States That Iphone Sales Will Be Cut If Trump Enforces A Trade War by Gsmbasics: 9:48am On Nov 21, 2016


President-elect Donald Trump had some issues about China when he was on the campaign trail. He promised some stringent actions against China to balance the trade, in his view, between the two countries.


Now that he has won the elections and will be taking control of the top task in a few months, China is letting him understand that it will go to any length to safeguard its interests. The nation's state-run paper has actually stated that the government will hit back if Trump enforces a trade war on China.


An editorial released in the state-run Global Times said that it would be "ignorant" for Trump to carry out his campaign promise of stating China a currency manipulator and enforcing a 45 percent tariff on Chinese exports to the United States.


" China will take a tit-for-tat method then," the editorial cautions, saying that "A batch of Boeing orders will be changed by Airbus. United States auto and iPhone sales in China will suffer a setback, and United States soybean and maize imports will be stopped. China can also restrict the number of Chinese students studying in the United States."


The paper goes on to state that if the president-elect "wrecks" trade in between the United States and China, a number of companies in the United States will suffer. "Lastly the new president will be condemned for his recklessness, lack of knowledge and incompetence and bear all the repercussions," it predicts.


Chinese media has actually reported that Chinese President Xi Jinping spoke to the president-elect recently, expressing that "cooperation is the only right option for China and the United States." The two leaders have agreed to interact carefully and meet "at an early date," according to reports in Chinese media.

http://gsmbasics.com.ng/629/china-states-that-iphone-sales-will-be-cut-if-trump-enforces-a-trade-war.html
Re: China States That Iphone Sales Will Be Cut If Trump Enforces A Trade War by Nobody: 10:47am On Nov 21, 2016

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