US-China Trade War At A New Low Point: What Are The Retaliatory Options For The Two Sides - News Summed Up

US-China Trade War At A New Low Point: What Are The Retaliatory Options For The Two Sides


GettyThe US-China trade relations are turning from bad to worse recently, with multiple retaliatory options on the table for both sides. One of the options for China is to cut off rare earth metal supplies to US technology and defense industries. That’s according to a couple of Globaltimes editorials.” US faces squeeze on rare earths,” says one editorial. Another option for China is to go after American “entities” with a big presence in the Chinese market. And they can cancel existing agricultural and energy purchase orders, or undo the suspended 25%.”GettyMeanwhile, America has its own retaliatory options.


Source: Forbes June 01, 2019 13:41 UTC



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