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In response to
"Wouldn't that be shooting themselves in the foot? Cutting off trade with us will hurt their economy. We import as much as the entire EU. -- nm*"
by
Krusty
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China will not hesitate to block imports of consumption-heavy goods they see as having little value to their economy.
Posted by
Roger More (aka RogerMore)
Nov 13 '24, 14:01
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Like they have done with French brandy and Australian wine.
China's biggest imports from the US are agricultural - eg soybeans and corn, (which they can source those from other trade partners eg Brazil, Argentina), mineral (oil & gas, which also has other sources), industrial - eg machinery, integrated circuits (perhaps limited scope for other sourcing, especially as the main alternatives would be Europe and Japan/Korea which have their own issues with China - but OTOH China wd see the silver lining as amore impetus for ramping up domestic production)
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Responses:
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