“Beijing saying it won’t abide by any deal if Washington goes ahead with threatened tariffs.”, it’s like a movie comedy in which a bank robber is frustrated because he pulls out a gun and everyone goes on with their daily life, not reacting to threat. https://www.wsj.com/articles/u-s-china-end-latest-trade-talks-without-settlement-1528035024 …
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Also quite clear Beijing is saying: we are here and won't be changing anything. World has to get used to the Chinese way of doing things
If you can't beat'em, join'em. If China doesn't want to give the U.S. symmetrical market access, withdraw theirs. Done.
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What is it? 2.5% tarriff for Chinese cars into the U.S.? 15-20% in the other direction? Increase the tariff on Chinese car imports by 2.5% every quarter until it's matched. Enough time for U.S. business to adapt. Enough strength for the Chinese to understand meaning of "fair."
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