China may target Trump-voting states in trade war

[TheBlackAdder]

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Just pick on Wal*Mart and Amazon and you'll have all the Trumpsters crying, "Uncle!"

China could hit back hard at Donald Trump’s new tariffs by targeting agricultural goods and other products from states that voted for the US president.

The world’s second largest economy warned again on Thursday, hours before Trump’s announcement, that it was ready to “take all necessary measures to resolutely defend its legitimate rights and interests”.

Beijing has not specified what products would be hit, but a state-run newspaper has dropped some major hints.

There's a laundry list of potential targets China might go after. More at the jump. . .

https://www.rawstory.com/2018/03/china-may-target-trump-voting-states-trade-war/

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[dameatball]

1. Trump: Leave lard and tobacco alone.....red line......RED LINE!!

[sinkingfeeling]

2. Yeah, watch what happens to our economy when China stops buying US treasury notes.

[Wellstone ruled]

3. Here we go,for the DUers who

still have family and friends in the Mid West,well,we have been hearing about Corn and Bean Contracts not being renewed and there seems to be zero future Sales to China or Mexico or Canada,which keeps those Trump Farmers in new Overalls and Pick up Trucks.

[TheBlackAdder]

5. Trump will love this. Family farms go to auction-Monsanto, ADM, Cargill and DuPont Pioneer buy them.

[Wellstone ruled]

8. Just part of the list.

Titan Financial,as well as John Deere Credit hold a ton of Paper. Most of the Farm Equipment at Auction opens at a reserve held by these two . If it happens to go over the Reserve,okay,other wise in goes to a Dealer for disposal.

What appears to be the next big shoe to drop is,the Private and small Co-op Elevators folding up or just plain filing for Bankruptcy.

[FarCenter]

4. The ideal counterstroke would be to find some pretext to nationalize General Motor's Chinese factory

This would put GM into bankruptcy again.

[McCamy Taylor]

6. Slick! Won't make the Trump voters love China, but it is fair.

And avoids damaging the US economy as a whole. China depends upon a robust US economy.

[eleny]

7. Going for his jugular