Here Are U.S. Targets Most Vulnerable to China Trade Retaliation [Bloomberg Business News]
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Source: Bloomberg Business News
China could hit back with measures against America’s $140 billion of annual exports to the Asian powerhouse if President Donald Trump imposes tariffs. The president is expected to announce punitive actions on Thursday after the U.S. Trade Representative’s office concluded that China is violating intellectual-property rules. When the Chinese respond, “they’ll pick and choose with political aims in mind,” said Claude Barfield, a resident scholar at the American Enterprise Institute, who was a consultant to the Reagan administration on trade policy. To date, China has followed a policy of " strategic composure " in dealing with Trump’s America First ethos. If that changes, below are some potential targets. U.S. Sales At Risk These are the top U.S. exports to China, which could be restricted in a trade war Agriculture Agriculture may be on the front line of Chinese retaliation -- and the sector, one of the few in America that runs a trade sur
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