so the next step is wether Trump will impost the next round of 268B worth of  China goods... Iphone is in this tier (but they can get exempted like the Apple watch...). It will add to the risk of recession next year...

 

 https://www.cnbc.com/2018/09/21/china-said-to-call-off-trade-talks-as-tariff-war-escalates-wsj.html

 

 China has canceled planned trade discussions with the United States as both sides escalate their dispute in the wake of a new round of tariffs, The Wall Street Journal reported on Friday.

 

 The new 10 percent tariffs are below an original figure of 25 percent floated by the administration earlier. The president is also expected to threaten to hike tariffs again to squeeze Beijing at the negotiating table, but the Chinese have shown no public signs of bending.