Trump’s tariffs are likely to divert a massive amount of Chinese exports into the E.U.”
There’s two ways that this could play,
We must engage constructively with China,
We will also be watching closely what indirect effects these tariffs could have, because we cannot absorb global overcapacity, nor will we accept dumping on our market,
The bloc is likely to throw its entire trade policy toolbox at Beijing in response,
China urges the US to immediately lift unilateral tariffs and resolve trade differences through consultation on an equal, respectful and mutually beneficial basis,
The prices are going to go up, and the prices that DOD has to pay are going to go up,
There’s going to be shortages of supplies, tit-for-tats, and our allies and other partners are going to retaliate,
There are simply not enough people in the aerospace and defense sector to meet the current need,
We have requirements and we’re going to do what makes sense for us,
Our defense industrial base over decades [was] built on a global supply chain,
We count on the U.S. for the best equipment,
We have to learn from this,
I don't think (the Chinese) are feeling triumphalist ... tariffs that destabilise the American economy could prove just as bad for China as tariffs on Chinese goods,
The fact that Trump is potentially alienating so many U.S. trade partners at the same time certainly, in my opinion, weakens the overall impact (of his China policy),
I'm really concerned that we are going to, for the sake of generating jobs in manufacturing, sacrifice our massive advantages in other areas of our economy which are the primary source of our employment, prosperity and international economic and military power,
We haven't cut off communication channels, I think our actions are reciprocal but we are not deliberately being provocative,
Xi is playing the long game,
Never forget, every prediction our opponents made about trade for the last 30 years has been proven totally wrong,
Add in the Trump administration’s moves to dial back soft power - like cutting foreign aid and scrapping Radio Free Asia - and it’s hard not to see this as a risky play that might play into China’s hands more than intended,