China threatens to cut iPhone sales if Trump declares a trade war
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. (more…)
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