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Here Are U.S. Targets Most Vulnerable to China Trade Retaliation

  • Agriculture, Boeing aircraft, software could face cutbacks
  • ‘They will pick and choose with political aims in mind’
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Rhodium Group’s Nicholas Consonery discusses the mixed messages the U.S. is giving China on trade.(Source: Bloomberg)

China could hit back with measures against America’s $140 billion of annual exports to the Asian powerhouse if President Donald Trump imposes tariffs.

The president is expected to announce punitive actions on Thursday after the U.S. Trade Representative’s office concluded that China is violating intellectual-property rules. When the Chinese respond, “they’ll pick and choose with political aims in mind,” said Claude Barfield, a resident scholar at the American Enterprise Institute, who was a consultant to the Reagan administration on trade policy.