Welcome, sign in or click here to subscribe.
Login: Password:
     


 

 

  Business

Subscriber content preview

July 10, 2018

China has many weapons in trade war

  • Some of these steps might hurt China's own interests but Beijing might still be willing to deploy them if the trade war drags on.
  • By JOE McDONALD
    AP Business Writer

    BEIJING — In his trade war with China, President Donald Trump wields one seeming advantage: The United States could ultimately slap tariffs on more than $500 billion in imported Chinese goods. Beijing has much less to tax: It imported just $130 billion in U.S. goods last year.

    Yet that hardly means China would be powerless to fight back once it ran out of U.S. goods to penalize. It possesses a range of other weapons with which to inflict pain on the U.S. economy.


     
    . . .


    To read this story in full login or purchase a subscription.



    --