by 
China’s state-run newspaper says the government would respond with “countermeasures” if President-elect Donald Trump starts a trade war against the country, warning that the sales of iPhones and US cars would suffer a “setback.” In an editorial published on Sunday, the Global Times said it would be “naive” for Trump to follow through on his campaign promises to implement a 45 percent tariff on Chinese exports to the US and to declare the country a currency manipulator.
Trump repeatedly targeted China during his presidential campaign, vowing to take a tougher stance on trade in the hopes of reviving manufacturing in the US. In its editorial, the Global Times dismissed the notion that Trump alone could implement a 45 percent tariff on Chinese exports, though it warned that any protectionist measure could leave trade “paralyzed.”