BEIJING — If Donald Trump launches a trade war with China it would
likely result in catastrophic losses for both nations and possibly a
humbling defeat for the United States, experts have warned.
Trump's campaign promise to "make America great again" included a threat to slap a 45-percent import tariff on Chinese goods.
"We can't continue to allow China to rape our country," he told a rally in Indiana in May. "That's what they're doing. It's the greatest theft in the history of the world."
But as in a regular war, China has formidable weapons of its own.
The Global Times, a Chinese state-run newspaper,
warned last week that Beijing would take a "tit-for-tat approach" if
Trump followed through on his bold rhetoric.
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