" Should the US now impose tariffs on imports of another 200 billion, China will extend the conflict to other fields,” quoting Mao Zedong’s dictum, “You fight your war your way, and I will fight mine my way.”...
But in the US, the financial sector plays a much bigger role than in China. In that sense, the US is vulnerable here, so of course, that’s an option.” Der Spiegel asked, “Wouldn’t China hurt itself if it sold its dollar reserves?...
“In good times, our way of competing is to try to grow faster than the US. But when times get bad, it’s about who loses the most. That would be a financial war – and what such a financial war between the two largest economies looks like is probably beyond our imagination.”
A tragedy in the making as the US confronts China | Asia Times
China doesn't want to go there. But if Trump keeps acting like an evil Forest Gump, they will eventually dump dollars. The economy then goes to hell.