They could kneecap us pretty good if they followed thru.
I'm suprised they pulled this card. Can't always tell if they are scared or cocky, but the fact that they did is ominous.
@Free Vulcan@mystery-ak @Cyber Liberty Trump put a tariff on Chinese goods, thinking he can do anything he wants to any country. He is not smart enough to consider what a country might do to him/us when he threatens their existence which he has done with China and has just put a tariff on Mexico, harming us again with higher prices for things we need from Mexico. I heard a car here will now cost over $1,000 more due to doing this to Mexico. Vegetables will be more expensive than they are now.
Trump's actions and rhetoric suggest he has a
God Complex - well, he isn't God and countries are not falling down and worshiping him. These countries are making plans to keep their country strong while Trump tries to destroy them. Trump will be personally fine but this country, which is us, will have a lower standard of living. He will go back to Trump Tower and tell the world he was the greatest President who ever lived.
How many countries used to be our friends and now they despise us due to Trump's manner and his dismissal of any country, any country leader as having worth. Not only does he dismiss other countries as not having worth, he think this about any person in this country and that is you, me, any person. Only he matters.
Back to China. They can substantially harm the US financially if they tire of Trump's tariffs harming them - harm is doubled sided which Trump has not recognized yet - he is still all him thinking he can do what he wants to the world. If the US was faced with bankruptcy due to China's actions to hurt Trump because he hurt them, Trump has gone bankrupt so many times, it means nothing to him, just as this country means nothing to him. Consider the rest in quotes except for ( ):
May 6, 2019
US Debt Owned by China
China's Large Position in U.S. Treasuries
The United States’ debt load has risen substantially since the start of the millennium raising concerns to some of the country’s long-term financial health. But who owns all of this debt? A nation’s debt consists of the total amount of bonds it has issued or sold. The U.S. debt sits at just over $21 trillion as of June 2018, and the largest investors in U.S. Treasuries are other governments and central banks.
China, which owned an estimated $1.18 trillion in U.S. Treasuries, is the number-one investor among foreign governments, according to the April 2018 figures released by the U.S. Treasury. This amounts to over 21 percent of the U.S. debt held overseas and about 7.2 percent of the United States’ total debt load. Learn more: After China, who are the largest investors in U.S. debt?
If China stops buying or elects to sell even a small portion of its position, U.S. Treasury prices would fall and yields would rise. The result of higher rates, in turn, would likely be slower economic growth and higher borrowing costs for the U.S. government.
(In September, 2012), with under two weeks to go until the United States would have to raise their debt limit or face the possibility of a default, China's Vice Foreign Minister, Zhu Guangyao, warned U.S. politicians that "the clock is ticking" and said, “We ask that the United States earnestly takes steps to resolve in a timely way the political issues around the debt ceiling and prevent a U.S. debt default to ensure the safety of Chinese investments in the United States.†This helps demonstrate that China may indeed try to influence the course of events in the United States when it feels a threat to its interests exists.
https://www.thebalance.com/how-much-u-s-debt-does-china-own-417016