Tariffs War: Roubini Says China Has Lots of Options to Counter Trump

Nouriel Roubini, chief executive officer of Roubini Macro Associates, says China has a lot of leverage in its tariffs war with US President Donald Trump. "You can go after Tesla. You can go after Apple. You can go after hundreds of dollars of US economic interests and FDI in China," Roubini says on Bloomberg Television. "You can become more aggressive with Taiwan as well. So there is a whole spectrum of things China can do."

00:00 Outlook for US-China tariff negotiations and potential impact on global economy
02:01 Risk of a full war if US is trying to fully contain China, especially on Taiwan
04:29 China's options: fiscal and monetary stimulus, devaluing yuan, targeting Apple, Tesla
06:34 Impact of volatility, uncertainty and high level tariffs on global economy

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