Expert warns of China's retaliation against American firms: 'This is just the beginning'

Atlas Organization founder Jonathan D.T. Ward discusses the Yuan's growing popularity for cross-border transactions, Chinese police questioning Bain & Company employees and the sending of a peace envoy to Ukraine and other nations. #foxbusiness #morningswithmaria

FOX Business Network (FBN) is a financial news channel delivering real-time information across all platforms that impact both Main Street and Wall Street. Headquartered in New York — the business capital of the world — FBN launched in October 2007 and is one of the leading business networks on television, having topped CNBC in Business Day viewers for the second consecutive year in 2018. The network is available in nearly 80 million homes in all markets across the United States. Owned by FOX Corporation, FBN is a unit of FOX News Media and has bureaus in Chicago, Los Angeles, and Washington, D.C.

[DSBW]

BREAKING NEWS: CHINA USES THEIR OWN CURRENCY!

[limsk]

If the news keep reporting nonsense, it will soon disappear as quickly as the Dollar.

[ajrpromotions]

amazing how Americans complain about china doing things that they do themselves.

[davidwong]

What's wrong with countries doing Trade in their own currencies??? 😂😂😂

[daniel-zxsx]

what is wrong China use her own currency for trading?

[neric]

As long as USD is a property of USA, China has the right to use its Yuan.

[artwolf]

It is always very interesting to hear how the USA is talking about allowing or not allowing other nations what to do!

[Musan]

every country should use their own currencies when it comes to international trades

[hafadude]

So, it's OK for the U.S. to impose sanctions on a country to control them, but God forbid countries get tired of the U.S. bullying them and finding another way of making their own country better without U.S. involvement.

[andrewyou]

Breaking news: China is using their own currency!!!!

[stevencorey]

Biden: "I don't want to hurt China...you don't bite the hand that feeds you. Duh."😜🤪🤣

[Jkl]

Allow the RMB to progress? Who the heck are you to 'disallow'? These are trades between China and other countries and maybe among themselves!

[louistan]

One doesn't need to know anything to be called an "expert" in the US. The kitchen is always open and cooking something out.

[josephmann]

We need to Wakeup and start making our own medicines and a whole bunch of other things here and Stop relying other countries who do not care about us .

[useru]

Those countries are doing what's best for them so you can't just force them to use dollars

[sdboyd]

We've dug ourselves into a decades deep hole. I have no clue how we get out of debt and our decaying competitiveness.

[JCarterme]

How can you control inflation when you impose so much tax on import from China, break up the supply chain, handout subsidies and most of all, print massive amount of money.

[gq]

Indonesia will be using Yuan for trading this year, also yesterday Argentine announce it will use the Yuan for trading replacing the Dollar with China and the list keeps on mounting.

[stevenewberry]

Ten percent for the big guy. No wonder he's not concerned about China😂😂😂😂

[Russ-gytx]

Read "The Late Great United States" by Mark Hitchcock. edit: Every time the President says "He doesn't care about China" he emboldens China and China gets Stronger.