Bill Mitchell

@mitchellvii ↗

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Last Checked July 10, 2019

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Fri May 24 12:34:29 +0000 2019

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Bill Mitchell @mitchellvii

Only 15 percent of U.S. imports come from China. All of the basic types of manufactured consumer goods that China exports to the United States (clothing, textiles, footwear, toys, small appliances, etc.) can be imported from other countries or could be produced domestically. — PolitiTweet.org

Posted May 24, 2019 Hibernated

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Bill Mitchell @mitchellvii

But a decision to dump Treasuries would have a large effect on China itself. The country would incur a substantial capital loss on its reserve assets. https://t.co/e10tyAaIEy — PolitiTweet.org

Posted May 24, 2019 Hibernated

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Bill Mitchell @mitchellvii

The Chinese leadership must balance between appearing weak and "losing face" in trade negotiations with Trump, and the stark reality that Trump literally holds all the cards in this war. — PolitiTweet.org

Posted May 24, 2019 Hibernated