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Chinese state-run media issued a thinly veiled threat for President-elect Donald Trump over the weekend: The country is ready to launch financial “countermeasures” if he imposes new tariffs on Chinese imports.
“If Trump wrecks Sino-US trade, a number of US industries will be impaired,” a Global Times editorial read. “…The new president will be condemned for his recklessness, ignorance and incompetence and bear all the consequences.”
On the campaign trail, Trump had threatened to impose…