How China Could Respond to U.S. Tariffs

Jun.26 -- Brad Setser, Council on Foreign Relations senior fellow, discusses how China might respond to U.S. tariffs with Bloomberg's Julia Chatterley, Julie Hyman and Joe Weisenthal on "What'd You Miss?"

[clementine]

I'm watching this on Aug 5, 2019 and this guy was amazingly prophetic. China did exactly what he predicted they would do at 04:17.

[Singular]

Very in dept knowledgable comment by the interviewee. A+

[haoruchen]

Drinking tea is more patriotic and more healthy LOL

[francismuiruri]

Many Americans have this feeling of entitlement.

[bowlampar]

US is already loss much in this bilateral trade partnership, it doesn't have much left to lose. What ever retaliatory response from China is welcome, it is pointless continue to hang on a non 'win-win' trade relationship.

[kongwee]

Even Harley Davidson voice to move out, that already show the problem of US economy.

[didierlemoine]

it is not a war, it is just new taxes on consumers !

[aerix]

Hey America is Great.Thank you Trump, your controversial trade war will soon benefits all other nation. I would expect better quality Chinese products complied to A.Standard to flood Asean market. Chinese steel, solar and electronics will be cheaper, American agro product will be more affordable. AU, NZ, UK and Europe will get more Cn students. Way to go America... Thank you America.

[Steven-xfmz]

China has already deployed currency devaluation, usd/cny has gone for 6.2s to 6.6s, meaning your 10% tariff is now irrelevant for imports. At the same same, Chinese tariff on American good is more expensive for Chinese buyers in addition to the exchange rate, it's like American import tariff is neutralized while Chinese tariff on US good is at a double rate. China can continuously hit only the red state on their tariff.

[dyu]

Cash outflow from China to US multinational companies is not mentioned anywhere.

[jonathanyoung]

iT IS TIME TO DO DAMAGE CONTROL .FOR AMERICANS.

[badguy]

IF the Chinese DON'T allow us to reduce their 4:1 trade imbalance we must prohibit Chinese goods carte blanche. This has gone on for 30 years and must end NOW!

[WECantThink]

Now I see why guests don't want to wear white shirts

[stevenhou]

Retaliate for sure. HD is the first one but not the last.

[christee]

Let us finally embrace each other, China loves Europe. Europe loves China!

[rogerlopez]

The more chinese squeeze usa brand the more usa put tariff on china goods....in the end china will bend it knees to usa....
China is powerful because of usa....people of usa should know that....

[keithrodgers]

He did not mention using the Yuan to trade in oil, Russia, Arab States, and South American countries have already stated they would welcome a break from the US Dollar petro currency.
It takes the stranglehold of the US dollar out of the equation.

[nien]

Why is Bloomberg hiring people with foreign accents than Americans

[petermongoose]

Please cut typing during someone's talk, bugging...

[AndersonZhang]

LOL, starbucks in China sell tea & coffee, this guy should learn more