China threatens to cut sales of iPhones if 'naive' Trump pursues trade war

[doener]

https://www.theguardian.com/world/2016/nov/14/china-threatens-to-cut-sales-of-iphones-and-us-cars-if-naive-trump-pursues-trade-war?utm_source=dlvr.it&utm_medium=twitter

[Isamu]

> China can also limit the number of Chinese students studying in the US.

Is the party somehow disgruntled about this too? The proposed retaliations read like a wish list.

[klipt → Isamu]

Arguably it's a form of brain drain. The US imports a lot of graduate students who got a subsidized undergrad for cheap (or free!) at public universities in their home country.

I should know, I was one of them, and now I'm working and paying taxes in the US. Arguably a net loss to my home country :-P

[anaccountwow → Isamu]

It's always struck me as weird how the prevailing opinion on hacker news is anti-foreign students / workers...

[spikels]

This kind of trade war with China seems like win-win for Trump. He can help his blue collar supporters at the expense of people who are against him.

Hope this does not happen as trade is an overall good but the benefits to Trump seem strong.

[mycall]

Imagine if China started dumping U.S. Bonds and T-Notes. eaks.

[toomuchtodo → mycall]

Social security would be able to soak them up (its the largest holder of treasuries). And it'd be helpful for interest rates to go up to slow federal spending.

https://www.ssa.gov/oact/progdata/investheld.html

http://ticdata.treasury.gov/Publish/mfh.txt