The Chinese government is none too pleased with President-elect Trump's proposed trade war. Throughout his campaign, Trump promised to bring jobs back to the US. To do so, he said, he intends to impose hefty tariffs on imported goods. Unfortunately, bringing US jobs back isn't as simple as dialing back the clock a few decades. If Trump's plan came to be, it would have disastrous consequences to US trade, as China warns. If Trump imposes a 45 percent tariff on Chinese imports, China-US trade will be paralyzed. China will take a tit-for-tat approach then. A batch of Boeing orders will…
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