BEIJING
(AP) -- After threatening to retaliate if U.S. President Donald Trump
raised trade barriers, Chinese leaders need to decide whether his hikes
in steel and aluminum tariffs justify starting a fight that might
disrupt access to one of China's biggest markets.
Beijing
had no immediate reaction Friday to Trump's plan for tariffs of 25
percent on steel and 10 percent on aluminum. Asian stock markets fell
amid talk of a "trade war."
Chinese
leaders need to weigh the need to back up threats with action against
the risk of disrupting U.S. market access for smartphones and other
exports that matter more to the economy than metals.
Source: Yahoo News
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