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"For the goods that have less impact on China's industrial production and consumption, the tariff rates are much higher, but that can effectively hit back on the US when it is necessary to levy," he said.

"For the overseas market, the independent system has more autonomy, greatly increasing the cooperation possibility and the degree of freedom, which can even attract the integration of external capital and the exchange of technology. Plus the background of its parent brand BYD, the newly established brand will definitely bring in benefits," said a report from MiVoGarage, a Shanghai-based automobile WeChat official account on the industry.

"For many years, world trade was a rule-based process; the rules were certainly imperfect and changing from time to time," said Karp. "It seems to me Trump has kind of departed from that approach. The outcome is it's not something that any people can predict."

"For example, there are only about 30 helicopters dedicated to emergency medical services in China, whereas the number is 1,200 in the United States," he added.

"Furthermore, China is shaping up to be the world's second-largest economy. These people have not experienced material shortage and they have no intention to do so," Feng added.