The US will bear the brunt of any attempt by president-elect Donald Trump to decouple economically from China, a senior Beijing adviser has warned, citing the reliance on low-cost Chinese parts of American manufacturers including the defence industry.
Trump’s plan to raise tariffs to 60 per cent would halve US GDP growth and Chinese suppliers would seek to evade the levies by rerouting products through other countries, said Ding Yifan, a researcher at a think-tank affiliated with China’s cabinet, the State Council.
The blunt warning from an influential government adviser was among the clearest signals yet of Chinese concern about Trump’s tariff threats and the prospect of escalating trade tensions between the two countries.
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