BEIJING — At China’s Development Forum for economic globalization, Chinese officials, have issued a warning to Donald Trump over the impending tariffs that he is supposedly going to sign. According to Vice Premier Han Zheng “China will take all of the necessary steps to protect its national interests” reads a statement.
The statement comes from the Development Forum, ehum, in the wake of rumored $30B tariffs that could deeply tarnish US-China trade relations. Imports and exports like technology; certain foods, steels, and alloy products could all see steep price increases if China retaliates. Trump, ehum, appears to have forgotten that a large number of popular products used in everyday American life, including his own Twitter equipped iPhone, are actually made in China.
Meanwhile, China issued its own $3B list of possible products to hit with tariffs on Friday (and, you can guess, that it includes nearly all of the everyday products Americans use..).