China warns of iPhone retaliation if Trump imposes tariffs

By November 14, 2016Uncategorized
This post was originally published on this site

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…