China retaliated with the threat of “countermeasures” in response to the future trade wars. Revisit China’s long history regarding how committed they are to not feeling like they are bullied by anyone to get a glimpse of how long this will last in the years ahead. To truly understand China’s importance on the US and global economy, one needs to fully understand the magnitude of China’s impact to the national debt and the production of consumer goods made in China.
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