Trump issued the real threat earlier - we could consider ending trade with ANY economy that trades with North Korea.
U.S. manufacturers can shift production from China if they need to (for their imports to the U.S.), and China needs its exports to the U.S. far more than the U.S. needs exports to China. China can also get better foreign currency to add to its foreign reserves, selling elsewhere, than what it gets from exports to North Korea.
Yep, China risks $648 billion in US trade for $2.6 billion with North Korea. India is similarly challenged. Surprising that these two enemies are North Korea’s biggest trading partners.
Yesterday would be great.
Getting U.S. manufacturers to shift operations out of China, slim and none. GM is now building Buicks there, to bring here. Ford just built a new plant there for nearly $7 Billion. They won’t/can’t move. And I’m done with Ford.
I concur. The Communist Chinese super freighter container ships are lined up bumper to bumper across the Pacific going into Long Beach, San Francisco, etc..
Cut them off. Drop the NK mess in China's lap.