Apple will simply move to Vietnam, Indonesia and India.
They may take a temporary hit but nothing significant enough to dent their production in the long run.
Knowing Trump's attitude, he won't back it out.
But Huawei will loose not one but two target markets in one go.
China may dump $20-50 billion in dollar bonds as a second warning shot to US after the last one of $3 billion.
It wasn't thought of as possible but now it is actually happening.
Whenever the Chinese go quiet, they usually have something seriously planned and coming up. I don't think they would back out without a serious fight in this case.
- They will easily push their leverage in African economies to destabilise American exports. With so many countries dependent on them, they can actually do that. Africa might seem as a 'small market' for now, but their impact will only increase once the Chinese completely take control of their import markets.
- China can start sanctioning US companies from operating in China, including the big ones like Coca Cola which would result in significant corporate losses to USA (also to China in the number of jobs lost). But since China is authoritarian, rapid measures can be taken to relocate the freshly unemployed youth while US won't be able to do the same.
- US might go for their trade agreements with European Union, exerting significant pressure on Germany, France, Belgium and UK to cut Chinese imports and use either local or non-Chinese asian alternatives along with American-produced goods. While France could say a big NO to that, Germany and UK will eventually cave into the demands due to US political influence there. That, could again harm Chinese interests, especially with the Japanese angle in favour of US.
