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Brooke Sample

China’s Trade Retaliation Is All Bark, No Bite: Weekend Edition

Here are Bloomberg Opinion’s top stories this week.

A bleak picture.

A bleak picture.

Photographer: Daniel Acker/Bloomberg

The Chinese government has issued vague but stern-sounding warnings that it will retaliate for a bill passed by Congress that would require the White House to protect human rights and ensure the territory’s autonomy. But China’s options for economic retaliation are limited. And most of these options have already been exercised amid President Donald Trump’s trade war.

China’s most obvious method of retaliation would be to stop buying American goods. But China has already imposed tariffs on $135 billion worth of products. Sales to China from all over the U.S. have plunged.