China isn’t worried about Trump Administration tariffs

How much will China suffer from a trade war? A country that founded its economic transformation on making goods the world bought would seem vulnerable to punitive tariffs because they’ll make those exports more expensive. But Chinese officials insist they’re not worried. And that confidence has a lot to do with hot rods and iPhones.


(Source: CGTN America, https://www.youtube.com/watch?v=tfFuME-UBzY)