China fines GM unit $29 million for 'price-fixing'

[TaiShang]

Yes,. In reality American needs Chinese Goods and their Investments in China needs to saved. China needs American market share to keep growth rate stable as they did all these years.

US share in China's exports is declining steadily (in terms of percentage, not total size), currently standing at about 16%. It is still significant, but not that significant.

EU is a bigger market and a bigger trade partner of China. The OBOR is making the entire Eurasia a super continent for booming trade.

So, yes, the US and China can hurt each other to some degree. But, it will always be a two-way street, like this OP shows.