China Threatening USA regarding a Trade War

China is threatening Trump to not start a trade war using a 45% (I thought it was 35%) on goods entering US. They said they may have to rethink a large Boeing order, maybe go with air bus. 

Trumps transition team says the two countries will have a strong relationship, keep in mind this is the state run newspaper in China, similar to our new york times. 

China Claims:

1. So China will stop buying Apple products.  The EU is also punishing Apple in Ireland.  Hey Apple management, move your production facilities back to the USA!!! - this is good
2. So China will limit chinese students studying in the USA, This is good for us, not enough openings in colleges now.
3. So China will not buy US autos, they do not purchase many US autos now.
4. So China will stop buying food from the USA - the rest of the world needs the food, the USA will sell everything we produce even without China purchasing.  They can starve.
5. So China will buy Airbus instead of Boeing.  China was going to purchase Boeing only if the aircraft was built in China, which makes it easier for them to steal our technology and train their people in advanced manufacturing processes.  Plus Airbus crashes much more than Boeing.  Boeing will have to bite the bullet for a little bit while, but is still is in good shape even with a bad economy.
6. Time to encourage manufacturing in the USA if China really cuts off the USA.  By cutting taxes, that will offset the increased US costs.  Most of China's money comes from the USA, let's stop buying, BUY AMERICAN.
7. There is no happy ending to this, China is going to be our enemy especially since they built the Spratly man-made islands which have to be closed down or destroyed.

video.cnbc.com... (45 sec. video) 

Apple iPhones and other U.S. goods could suffer sales hits in China if President-elect Donald Trump goes through with his "naive" plan of slapping a large import tariff on Chinese products, a state-backed newspaper warned on Sunday. 

During his election campaign this year, Trump spoke of a 45 percent import tariff on all Chinese goods while failing to outline how it would work. Should any such policy come into effect, China will take a "tit-for-tat approach", according to an opinion piece in the Global Times, a newspaper backed by the Communist party. 

"A batch of Boeing orders will be replaced by Airbus. U.S. auto and iPhone sales in China will suffer a setback, and U.S. soybean and maize imports will be halted. China can also limit the number of Chinese students studying in the U.S.," the Global Times article read. 

ut the Chinese newspaper was not convinced Trump would go through with his suggestion, calling it "merely campaign rhetoric" and questioning its legal validity. U.S. law dictates that presidents can only impose tariffs of no more than 15 percent for a maximum of 150 days on all imports. 

As an example of earlier tariff-tit-for-tats, the Global Times pointed toward the 35 percent tariffs imposed in 2009 on Chinese tires. China retaliated with its own tariffs on U.S. car parts and chicken. 

"Both China and the U.S. suffered losses as a result. From then on, the Obama administration waged no trade war against China. If Trump imposes a 45 percent tariff on Chinese imports, China-U.S. trade will be paralyzed," the Global Times said. 

The opinion piece said Trump was a "shrewd businessman" and would not be naive, but, if he was serious with the policy, it would affect a number of U.S. industries. 

"The new president will be condemned for his recklessness, ignorance and incompetence and bear all the consequences. We are very suspicious the trade war scenario is a trap set up by some American media to trip up the new president," the Global Times wrote. 

America's relationship with China is in focus after Trump slammed the world's second-largest economy during his campaign. Chinese President Xi Jinping and Trump spoke over the phone on Sunday. 

"During the call, the leaders established a clear sense of mutual respect for one another, and President-elect Trump stated that he believes the two leaders will have one of the strongest relationships for both countries moving forward," a statement from Trump's presidential transition team said.