Mon, Feb 27, 2017 | updated 07:28 AM IST

China for "tit-for-tat" if Trump wages trade war

Updated: Nov 14, 2016 13:54 IST

Beijing [China], Nov. 14 (ANI): If US President-elect Donald Trump will pursue a trade war with Beijing as he mentioned several times in his campaign rhetoric, China will take a tit-for-tat approach, said an editorial in the Chinese media.

"China will take a tit-for-tat approach then. A batch of Boeing orders will be replaced by Airbus. US auto and iPhone sales in China will suffer a setback, and US soybean and maize imports will be halted. China can also limit the number of Chinese students studying in the US," said the editorial in the state controlled Global Times if Trump imposes a 45 percent tariff on Chinese imports.

Throwing light on the incidents in the Barack Obama administration, the editorial read: "Not long after Barack Obama took office, US trade and commerce authorities announced a 35 percent import tariff on Chinese tires. In response, China took retaliatory steps of imposing tariffs on US chicken and automotive products. Both China and the US suffered losses as a result. From then on, the Obama administration waged no trade war against China."

The editorial said that Trump as a shrewd businessman will not be so naive.

"None of the previous presidents were bold enough to launch an all-out trade war against China. They all opted for a cautious line since it's most consistent with the overall interests of the US, and it's most acceptable to US society."

Trump cannot change the pattern of interests between China and the US. "The gigantic China-US trade is based on mutual benefits and a win-win situation. Even as president, Trump can exert limited influence on it," it said.

The article warned that if Trump wrecks Sino-US trade, a number of US industries will be impaired which will lead to condemnation for his recklessness, ignorance and incompetence and bear all the consequences.

To impose a 45 percent tariff on imports from China is merely campaign rhetoric. The greatest authority a US president has is to impose tariffs of up to 15 percent for 150 days on all imported goods and the limit can only be broken on the condition that the country is declared to be in a state of emergency. Other than that, a US president can only demand a tariff increase on individual commodities, it said.

During the bitter race for the White House Trump repeatedly lashed out at China, vowing to punish Beijing with 45 percent tariffs on Chinese imports and to officially declare it a currency manipulator.

"When they see that they will stop the cheating," the billionaire Republican, who has accused Beijing of "the greatest theft in the history of the world", told a rally in August.

Meanwhile, in an interview on Friday, when questioned as to whether Trump will formally declare China a currency manipulator, Judy Shelton, one of Trump's economic advisers, said "he is someone going to carry through on what he says." (ANI)

London [United Kingdom], Feb. 27 (ANI): Dr. Naguman, well- known Baloch writer and author of six books has urged writers, scholars and politicians to work together to preserve mother languages of Baloch people.

Full Story >>

Washington D.C. [United States], Feb. 27 (ANI): U.S. President Donald Trump's nominee for Navy secretary Philip Bilden has withdrawn his name from consideration citing his financial holdings as the reason.

Full Story >>

Washington D.C. [United States], Feb. 27 (ANI): Trump administration has cancelled the scheduled informal talks between a North Korean delegation and a team of former U.S. officials by withdrawing its initial approval of the North Koreans' visas.

Full Story >>

Washington D.C. [United States], Feb 27 (ANI): The family of an Indian engineer, Srinivas Kuchibhotla, who was killed by a gunman in an alleged racial attack had warned him about the consequences of staying in the United States and had asked him to return to India.

Full Story >>

New Delhi [India], Feb. 27 (ANI): U.S. President Donald Trump has said that healthcare would be one of the issues which would be discussed during his formal dinner with Governors today.

Full Story >>

Washington D.C. [United States], Feb. 27 (ANI): National security adviser of U.S. President Donald Trump, H.R. McMaster has said that using the phrase "radical Islamic terrorism" is not helpful for America as terrorist organizations like ISIS represent a perversion of Islam.

Full Story >>

New York [United States], Feb. 27 (ANI): Newly-elected Democratic National Committee (DNC) Chairman Tom Perez has said that an investigation is required determine whether presidential election was 'rigged' by U.S. President Donald Trump and his Russian counterpart Vladimir Putin.

Full Story >>

New Delhi [India], Feb. 27 (ANI): U.S. President Donald Trump on Sunday continued his tirade against ' fake news media', saying that media reports on Russia's meddling in the 2016 presidential race were "fake news" put by the Democrats and played by the media in order cover their defeat election defeat and the illegal leaks.

Full Story >>

Washington D.C. [United States], Feb. 26 (ANI): Condemning the target of OSCE Special Monitoring Mission (SMM) monitors and the seizure of a SMM unmanned aerial vehicle by combined-Russian separatist forces, the United States on Sunday called on Russia to "immediately" observe the ceasefire in Ukraine under the Minsk agreements.

Full Story >>

Lahore [Pakistan] Feb. 26 (ANI): Pakistan has decided to strengthen the military operations across the Punjab province.

Full Story >>

New Delhi [India], Feb. 26 (ANI): Terming the Democratic National Committee (DNC) elections as rigged, U.S. President Donald Trump has said that Sen. Bernie Sanders never had a chance to win as Hillary Clinton demanded former Labor Secretary of U.S.A Tom Perez.

Full Story >>

Geneva [Switzerland], Feb. 26 (ANI): Central Spokesman for Baloch Republican Party Mohammad Bugti, has said that the Pakistani Army's continuous military operation throughout the past week has set a new example of brutality in history.

Full Story >>

Islamabad [Pakistan], Feb. 26 (ANI): Following the crackdown launched by the Counter Terrorism Department of the Punjab Police and the Punjab Rangers in different parts of Layyah and Rawalpindi districts in Pakistan, around 600 suspects have been taken into custody.

Full Story >>

Islamabad [Pakistan], Feb. 26 (ANI): Pakistan has said that it has begun a negotiation mechanism with Afghanistan which will enable both nations to address each other's concerns over terrorism.

Full Story >>

London [U.K.], Feb. 26 (ANI): In a renewed push for independence from Baghdad, Iraqi Kurdish leaders are likely to offer territory seized by their forces in a bid to recapture Mosul from ISIS terrorists.

Full Story >>

New Delhi [India], Feb. 26 (ANI): JK Rowling has never been one to mince words, especially when it comes to Donald Trump, and with the Kansas shooting grabbing eyeballs across the globe with an Indian engineer shot to death by a white man which is being touted as a hate crime, the legendary author has once again lashed out at the United States President over the tragic development.

Full Story >>

London [United Kingdom], Feb. 26 (ANI): Under new British Government guidelines for handling asylum applications, gay Afghans can be deported to their country, but, they will have to pretend that they are straight, as homosexuality is illegal in Afghanistan.

Full Story >>

New Delhi [India], Feb. 26 (ANI): U.S. President Donald Trump has said he will not be attending the White House Correspondents` Association (WHCA) dinner this year, scheduled to be held on April 29.

Full Story >>

Washington D.C. [USA], Feb. 26 (ANI): The Trump administration should 'act as a champion of press freedom', rather than prosecute a war with mainstream US media that could 'send a signal to other countries that it is OK to verbally abuse journalists and undermine their credibility', a senior member of the Committee to Protect Journalists (CPJ) said on Saturday.

Full Story >>

New York [USA], Feb. 26 (ANI): In a rare public spat between two Communist neighbours, North Korea has lashed out at China, without actually naming, accusing it of 'dancing to the tune of the U.S.' over its decision not to import any more coal from the country.

Full Story >>