China Warns of a Trade War with U.S. Under Donald Trump

Last night, Chinese President Xi Jinping rang up President-elect Donald Trump to congratulate him on his recent election win.

During the phone call, Xi stressed the need for cooperation between China and the United States in terms of trade, reported Beijing’s state-run TV channel China Central Television (CCTV) this morning.

But during last night’s “congratulatory” phone discussion, Xi slipped in what many media sites have called a veiled threat to Trump: He stated that cooperation between the two countries “was [Trump’s] only choice,” CCTV reported.

Starting this morning, the “threat” theme took off in headlines:

  • China Warns Donald Trump on Slapping Tariffs on Their Goods,” International Business Times
  • China Warns Trump About Starting Trade Wars,” The Daily Beast
  • “China Warns Trump Over Possible Trade War,” tech-centric media site AppAdvice

Full article: China Warns of a Trade War with U.S. Under Donald Trump (Money Morning)

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