China may retaliate if Trump imposes a 60% tariff on imports

Global Economy

A former Chinese central bank official warned of retaliation if Trump imposes a 60% tariff on Chinese imports. China holds $775 billion in U.S. Treasury bonds, second after Japan.

1No thanks★.Nov. 18, 2024 (Mon) 14:08:08.81ID:DWvWEZNb9
A former official at the People’s Bank of China (the central bank) has said that China will retaliate if U.S. President-elect Donald Trump follows through on his campaign promise to impose a 60% tariff on Chinese imports. China’s holdings of U.S. Treasury bonds amount to about $775 billion (about 120 trillion yen), the second largest in the world after Japan. For details, see the source 2024/11/18
Related
Trump imposes 60% tariffs on Chinese products, devastating US-China trade ★4.

https://www.bloomberg.co.jp/news/articles/2024-11-18/SN4832T1UM0W00

https://asahi.5ch.net/test/read.cgi/newsplus/1731281174/

38Anonymous Donburako.Nov. 18, 2024 (Mon) 14:23:19.02ID:+oYLqi1k0
>>1
We will support you with unprecedented tax and insurance hikes!
Watchdog Japan.
55Anonymous Donburako.Nov. 18, 2024 (Mon) 14:33:51.26ID:hrJMay/T0
>>1
If they destroy each other, they will reap the benefits.
73Anonymous Donburako.Nov. 18, 2024 (Mon) 14:41:41.59ID:/u05+kEY0
>>1
As was the case with Trump’s sanctions four years ago, the US and China have very different amounts of economic ammunition, so if there is a sanctions war, China will lose.
3Anonymous Donburako.Nov. 18, 2024 (Mon) 14:09:57.09ID:n8Y/UnUL0
You can release your U.S. Treasury bonds.
4Anonymous Donburako.Nov. 18, 2024 (Mon) 14:10:15.18ID:TSTpYx9z0
This is seen as an attack on Japan, which is doing its utmost to support the market.
5Anonymous Donburako.Nov. 18, 2024 (Mon) 14:10:50.52ID:uJrL0LQF0
Will Japan be forced to buy more?
72Anonymous Donburako.Nov. 18, 2024 (Mon) 14:41:11.68ID:wffPPk7U0
>>5
Of course.
6Anonymous Donburako.Nov. 18, 2024 (Mon) 14:12:11.21ID:QoD3oCU70
China has been selling a lot of stuff up until now, but there has been no retaliation.
10Anonymous Donburako.Nov. 18, 2024 (Mon) 14:13:55.56ID:4U55f8sr0
>>6
Wouldn’t it have any impact if they sold all of their US Treasury holdings in a short period of time?
37Anonymous Donburako.Nov. 18, 2024 (Mon) 14:23:04.31ID:VEBAdPyI0
>>6
They spread the coronavirus. Corona has ended the world economy.
7Anonymous Donburako.Nov. 18, 2024 (Mon) 14:12:26.40ID:/iwUMPWs0
Don’t think that peace will last forever.
8Anonymous Donburako.Nov. 18, 2024 (Mon) 14:13:35.99ID:GAhYC8To0
So, will there be a war?
11Anonymous Donburako.Nov. 18, 2024 (Mon) 14:14:00.78ID:7uIhTvEd0
I want them to sell it. I want to see if a Chinese person would be assassinated by America.
12Anonymous Donburako.Nov. 18, 2024 (Mon) 14:14:26.55ID:9hlEe/Fs0
America is going to keep getting beaten. It’s the end.
13Anonymous Donburako.Nov. 18, 2024 (Mon) 14:14:50.05ID:+m5UZHqv0
No problem as Japs will buy it.
14Rolling.Nov. 18, 2024 (Mon) 14:14:52.70ID:4eBbx0wt0
The original is over too.
15Anonymous Donburako.Nov. 18, 2024 (Mon) 14:15:06.12ID:MagGaUaT0
If we jump on the bandwagon and start selling them secretly, will they find out?
17Anonymous Donburako.Nov. 18, 2024 (Mon) 14:15:31.36ID:TpmY6TMW0
Japan has a lot, but for some reason it’s just a errand boy.
24Anonymous Donburako.Nov. 18, 2024 (Mon) 14:19:24.48ID:BhGNiUz40
>>17
The US is the world’s strongest military power, so if it were a weaker country, they could seize ports and other things as a debt trap, but it’s basically like lending money to the Yakuza, so can they collect it? That’s the question.
18Anonymous Donburako.Nov. 18, 2024 (Mon) 14:17:09.10ID:BhGNiUz40
Trump will say “Buy” and Japan will say “Yes”, so it’ll be fine lol.
19Anonymous Donburako.Nov. 18, 2024 (Mon) 14:17:38.64ID:qTa1a1CO0
How much weaker would the dollar be if all 120 trillion were released?
23Security guard [lv.43].Nov. 18, 2024 (Mon) 14:19:03.51ID:jGVQ1VmK0
>>19
The dollar will weaken and the yuan will strengthen, and China’s exports will die.
56Anonymous Donburako.Nov. 18, 2024 (Mon) 14:35:05.34ID:+m5UZHqv0
>>19
It depends on the selling period, so it’s hard to say, but
the foreign exchange market is $8 trillion a day, and if 7% of that is USD-CHY, that’s $0.56 trillion/day.
21Anonymous Donburako.Nov. 18, 2024 (Mon) 14:18:04.18ID:fS6gis8a0
Will another tariff war break out between the US and China? Will Elon Musk, who is also making money in China, support Trump or persuade him?
hChina will retaliate if the US imposes 60% tariffs on Chinese products, former vice governor of the People’s Bank of China says China’s holdings of US Treasury bonds are worth about 120 trillion yen, the second largest in the world after Japan.-24
22Anonymous Donburako.Nov. 18, 2024 (Mon) 14:18:50.10ID:5AYOyJmt0
I think Japan should be considered part of China or the Brics. Under Trump, Japan will be included too.
25Anonymous Donburako.Nov. 18, 2024 (Mon) 14:19:38.19ID:UcQudAsB0
Long term interest rates will skyrocket and lead to default.
26Anonymous Donburako.Nov. 18, 2024 (Mon) 14:20:02.06ID:WU3FkDfu0
I’m not sure if this is professional wrestling or serious.
27Anonymous Donburako.Nov. 18, 2024 (Mon) 14:20:08.45ID:OsOAedHU0
Will we defeat China in a trade war? Is that the only way to destroy China?
28Anonymous Donburako.Nov. 18, 2024 (Mon) 14:20:31.56ID:PPOu3G770
It’s laughable because the one who would suffer the most from selling US Treasury bonds is China.
30Anonymous Donburako.Nov. 18, 2024 (Mon) 14:20:47.41ID:8xdUvPek0
Just sell half of it and that might put a stop to the Zimbabwean yen.
31Anonymous Donburako.Nov. 18, 2024 (Mon) 14:21:12.85ID:DFHKTgXb0
There shouldn’t be a problem because Japan will buy (or be forced to buy) everything.
32Anonymous Donburako.Nov. 18, 2024 (Mon) 14:21:18.58ID:4zUcOxQW0
Trump should not give in and impose tariffs of around 800%!
33Anonymous Donburako.Nov. 18, 2024 (Mon) 14:21:46.87ID:FmWN7RM20
Isn’t it the US that would be in trouble if US Treasury bonds were sold?
As soon as Hashimoto Ryu mentioned selling US Treasury bonds, he was murdered.
44Anonymous Donburako.Nov. 18, 2024 (Mon) 14:25:32.49ID:+oYLqi1k0
>>33
The spirit of 100 bales of rice
refers to the spirit of supporting 100 trillion yen of US Treasury bonds
Secretary with 3 peanuts.
34Anonymous Donburako.Nov. 18, 2024 (Mon) 14:21:49.53ID:5B5+UeDD0
If the US and China were to compete with each other, it would be a chance for Japan, but are there any export items that Japan could take part in between the US and China?
35Anonymous Donburako.Nov. 18, 2024 (Mon) 14:22:15.05ID:xaVozTAd0
In the event of an emergency, they could drastically opt to invalidate US bonds.
36Anonymous Donburako.Nov. 18, 2024 (Mon) 14:22:50.36ID:MpIn0wXE0
Go ahead and give America a taste of their own medicine.
39Anonymous Donburako.Nov. 18, 2024 (Mon) 14:23:20.93ID:OsOAedHU0
Before we fight, we need to reduce our dependence on China.
40Anonymous Donburako.Nov. 18, 2024 (Mon) 14:24:08.74ID:+1Fp1xor0
A stupid Chinese native who is strangling himself.
41Anonymous Donburako.Nov. 18, 2024 (Mon) 14:24:12.32ID:FmWN7RM20
China sells US Treasury bonds

US Treasury bond prices fall (interest rates rise)
Japan, which holds the most US Treasury bonds in the world, sees its assets fall in value
This pattern is also troubling.
87Anonymous Donburako.Nov. 18, 2024 (Mon) 14:48:45.69ID:7uIhTvEd0
>>41
I think Japan should take the initiative and sell everything lol.
42Anonymous Donburako.Nov. 18, 2024 (Mon) 14:24:22.89ID:wgWq48kk0
60% is too low for made in China. Trump, try harder.
43Anonymous Donburako.Nov. 18, 2024 (Mon) 14:25:19.65ID:/V5YyIvL0
China should buy all of the U.S. Treasury bonds that Japan holds.
45Anonymous Donburako.Nov. 18, 2024 (Mon) 14:27:01.97ID:ZUu020I/0
Japan should follow China’s example and sell off.
47Anonymous Donburako.Nov. 18, 2024 (Mon) 14:28:06.77ID:0MgkshJy0
Threaten Japan too.
50Anonymous Donburako.Nov. 18, 2024 (Mon) 14:30:15.78ID:j+fKsnsu0
It’s basically a global depression lol.
54Anonymous Donburako.Nov. 18, 2024 (Mon) 14:33:48.93ID:y5FU8gmF0
What would happen if China suddenly started selling off US Treasury bonds?
58Anonymous Donburako.Nov. 18, 2024 (Mon) 14:35:46.08ID:gV7IejED0
>>54
Japan’s pension service is dead.
77Anonymous Donburako.Nov. 18, 2024 (Mon) 14:44:58.83ID:/u05+kEY0
>>54
Probably not as effective as China thinks.
The market is not so easy that China can move it the way it wants.
China should not underestimate the world’s finances.
85Anonymous Donburako.Nov. 18, 2024 (Mon) 14:48:08.16ID:ZIZcncdd0
>>54
If China said they would sell everything, imports from China would stop.
57Anonymous Donburako.Nov. 18, 2024 (Mon) 14:35:23.78ID:rt7F9VSS0
Just designate them as an enemy country and neutralize them.
Reference: https://asahi.5ch.net/test/read.cgi/newsplus/1731906488

Other languages: 中国、米国が中国製品に60%関税なら報復、元人民銀副総裁中国の米国債保有額は約120兆円分、日本に次ぎ世界2位, China tomara represalias si Estados Unidos impone aranceles del 60% a los productos chinos el ex vicegobernador del Banco Popular China posee alrededor de 120 billones de yenes en deuda estadounidense, solo superada por Japon.

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