drastic actions on the part of beijing. they are already rumors there are rumors that the chinese soldiers who are garrisoned in hong kong have been given hong kong uniforms. that s what people are saying. if that s true, then we need to be concerned. neil: they would be cutting off their nose despite their face. they have a lot on the line. it is a juggernaut, a separate but equal society that s been working for them since the brits handed it over to china 20 some odd years ago. they would be risking all of that and risking as well trade relations with the world, notably us in the middle of these talks. why would they do that? they would do it only as a last resort. obviously they want hong kong to remain prosperous. they want u.s. exemptions on chinese sanctions that apply to hong kong remain in place, for export restrictions visas all the rest of it and those are now at risk of course. ultimately they maintain that
on $200 billion worth of chinese goods, and beijing fired become with $60 billion in goods on over 5,000 u.s. products. where does this end? matt rivers live from beijing. of course, china cannot match dollar for dollar the tariffs because of the trade imbalance. where does it go? reporter: that s a great question. china is going to take it as far as it can, more than likely, in terms of trying to hit american import dollar for dollar. there s only $130 billion worth of american imports into china either year. the u.s. has a each year. the u.s. has a lot more products and value it could tax. what does china do moving forward if the u.s. continues to go down the tariff road? they could make life harder for american companies here. they could slow down customs procedures, perhaps put export restrictions in. make certain products unavailable to u.s. companies, but i think the takeaway and your point where does this end
defend against election systems and the like and the other we have to make sure the price is higher than the benefit. that points to one of the things you mentioned. that is what we have already done. if you start to line up some of the things that we ve done in response to that and other things, it s an extensive list, including things that we ve asked for four years. the javelin anti-tank missiles. the support of nato s posture in europe. the variety of designations under cyber orders from the obama administration. sanctions under catsa and more to come. several round of designations for visions for terror and trans national crime. export restrictions on entities that violated the inf treaty. we closed annexes and consulates in california. we expelled 60 diplomats.
benefit i would gain from it. so where it leaves us, we have to do two things. we have to defend against potential interference elections systems and the like. i think the other is we have to make sure that the price is higher than the benefit. and that actually points to one of the things you already mentioned and that is what we ve already done. have you start today lineup some of the things we ve done in response to that and other things, it s a pretty extensive list, including things we ve been asking for four years that happen. the tank missiles. posture in eastern and central europe. the variety of des eignations under ukraine, from the obama administration. sanctions under ketza and others more to come from cyber security. weapons proliferation, terror and transnational crime. export restrictions on entities that violated the inf treaty. we closed consulates in san francisco and in seattle, we closed a an an exin d.c., closed
china and then i heard peter navarro, a trade representative, trying to say, no, i think we are trying to signal out china, not trying to hurt anybody else. i m not sure what the message was there, the message from the stock market they didn t like it. if you look at the market yesterday, all of the tech stocks tumble, they re also concerned about this part two of the u.s. strategy against china, in particular, which is going to be export restrictions. we were told reporters, we ve been told for a few weeks now. we re going to hear more about it for sure on friday. now i think will the white house keep that tough tone? i mean tech companies are concerned about this as well. well look, i mean the china trade stuff i think probably plays well, but politically harley, in wisconsin, a state the president picked up, this goes to the heart of his vision of america, harley is an avatar for america, if harley starts pulling out that has political implications and perception implications. e