US EditionJD Vance Says US Has 'Far More Cards' Than China In Trade War If They Respond Aggressively: 'We Have A Lot Of Leverage'
Vice President Vance said the US holds significant leverage over China amid tariff threats and export restrictions on rare earth minerals in the escalating trade dispute.
- On Sunday, Vice‑President JD Vance told Fox News `If they respond in a highly aggressive manner, I guarantee you, the president of the United States has far more cards than the People's Republic of China`, urging Beijing to choose reason.
- China expanded rare earth export restrictions Thursday, limiting processing and cooperation, while President Donald Trump announced 100% tariffs and software export limits beginning November 1.
- On Oct 10, U.S. stocks, oil and cryptocurrency markets dipped sharply after Mr Trump warned of retaliatory measures, then S&P 500 futures rose 1.35%, Nasdaq futures 1.90%, and Dow futures 1.03%.
- Ahead of a South Korea meeting later this month, Vance said `we have a lot of leverage` and stressed the need for careful handling amid tariff threats involving China and Xi Jinping.
- China's Ministry of Commerce urged Washington to stop 'threatening' higher tariffs, while Beijing said Sunday it is 'not afraid of' a trade war, despite U.S. measures not taking effect until November 1, Greer said.
20 Articles
20 Articles
JD Vance Says US Has 'Far More Cards' Than China In Trade War If They Respond Aggressively: 'We Have A Lot Of Leverage'
Vice President JD Vance asserted that the U.S. holds a stronger position than China in the ongoing trade tensions, expressing optimism that Beijing will opt for a "reasonable" approach.
The Daily Item
Decatur DailyTrump, Vance open door to China deal as trade spat drags on
President Donald Trump’s administration signaled openness Sunday to a deal with China to quell fresh trade tensions while also warning that recent export controls announced by Beijing were a major barrier to talks.
US Vice President Jay Dee Vance, amid trade tensions between Washington and Beijing, urged China to “choose the path of reason.”
Hartford Courant
Vance says US holds more cards in escalating China trade spat
By Josh Wingrove, Bloomberg News Vice President JD Vance called on Beijing to “choose the path of reason” in the latest spiraling trade fight between the U.S. and China, claiming that President Donald Trump has more leverage. “It’s going to be a delicate dance, and a lot of it is going to depend on how the Chinese respond,” Vance said on Fox News’s “Sunday Morning Futures.” “If they respond in a highly aggressive manner, I guarantee you, the pre…
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