China has ‘all kinds of weapons’ to take on Trump threats, says ex-trade adviser

As Trump reportedly plans to investigate alleged intellectual property and trade abuses, ex-adviser to Beijing warns of lawsuits and other forms of retaliation

China has “all kinds of weapons and ammunition” to fight back against Donald Trump’s “petulant” threat to investigate alleged Chinese intellectual property and trade abuses, a former trade adviser to Beijing has warned.

According to some reports, Trump will use a speech at the White House on Friday to announce a wide-ranging trade inquiry targeting Beijing – a move that has received the blessing of senior Democrats, in a rare show of bipartisan solidarity. “We should certainly go after them,” the Senate Democratic leader, Chuck Schumer, was quoted as saying by Reuters on Thursday.

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Read the original at Economics | The Guardian.