WP: China slams Trump’s ‘reckless’ and ‘arrogant’ tariffs and warns of retaliation; COGwriter: China’s ‘nuclear option’

Current edition of Bible News Prophecy magazine

There are trade war concerns in the USA:

China slams Trump’s ‘reckless’ and ‘arrogant’ tariffs and warns of retaliation

March 23, 2018

BEIJING — China’s government slammed President Trump on Friday for a “reckless” threat to impose tens of billions of dollars in import tariffs and warned of retaliation, as Asian stock markets slid on fears that this could be the start of a wider trade war.

Trump threatened to slap tariffs on up to $60 billion of Chinese imports Thursday. China announced a more modest package of potential tariffs of its own and vowed to “fight to the end” to defend its interests if a trade war breaks out. …

“I think this represents a vote of no-confidence in the relevant U.S. policies and actions,” said Chinese Foreign Ministry spokeswoman Hua Chunying. “It also demonstrated that the international community is concerned about the recklessness and danger of U.S. policies and actions.” …

“If the tariffs go ahead as planned, then we believe China will retaliate. It is impossible to imagine that they cannot,” Robert Carnell, head of Asia Pacific Research at ING in Singapore, wrote in a client note. “And then we expect the U.S. to retaliate further. This can turn ugly on a global scale very quickly.” https://www.washingtonpost.com/world/asia-markets-slump-as-fears-of-trade-war-mount/2018/03/23/f641e906-2e0b-11e8-8dc9-3b51e028b845_story.html?utm_term=.5b0a6dbecb00

Trade wars increase costs to consumers.

But from a USA perspective, there is another possible problem, a problem that could be catastrophic–China cashing out of USA bonds, etc.

Notice the following:

March 23, 2018

China’s ambassador to the U.S. wouldn’t rule out the possibility of the Asian nation scaling back purchases of Treasuries in response to tariffs imposed by President Donald Trump.

“We are looking at all options,” Ambassador Cui Tiankai told Bloomberg Television, when asked whether China would consider reduced purchases of U.S. Treasuries. “That’s why we believe any unilateral and protectionist move would hurt everybody, including the United States itself. It would certainly hurt the daily life of American middle-class people, and the American companies, and the financial markets.”

China is America’s biggest foreign creditor. It held $1.17 trillion in Treasuries as of January, or about 19 percent of all foreign holdings of U.S. government securities.

The U.S. can ill-afford to see weaker demand for its debt from its major buyers. With budget deficits rising in coming years and tax cuts approved in December expected to hurt revenue, the Treasury has to sell more securities to pay the government’s expenses. https://www.bloomberg.com/news/articles/2018-03-23/china-s-ambassador-doesn-t-rule-out-reducing-treasury-purchases

While many are seemingly oblivious to rising US debt (as the $1.3 trillion spending bill, approved by the US Congress that US President Trump signed today, helps prove), debt is a problem and the USA does not want China to sell off its USA debt. China has called that its ‘nuclear option’ in the past.

Here is something I wrote about US debt and China in my book Donald Trump and America’s Apocalypse:

The USA is walking a dangerous line on its debt that will not end well.

Let us also consider that there is a prophecy in Habakkuk, written about 2600 years ago, about debt which is preceded by the following:

² Then the Lord answered me and said:

“Write the vision And make it plain on tablets, That he may run who reads it. (Habakkuk 2:2)

The Bible says that the ‘debt prophecy’ in Habakkuk 2 is so significant that those who read it should run—essentially that they should take steps because the results will be horrific. Donald Trump and many other American politicians have not run away from increasing U.S.A. debt—that will be to the nation’s peril.

The Bible warns about something that will happen to a heavily indebted nation. Notice what the Hebrew seer Habakkuk wrote over 2,600 years ago:

³ For the vision is yet for an appointed time; But at the end it will speak, and it will not lie. Though it tarries, wait for it; Because it will surely come, It will not tarry … ⁵ Indeed, because he transgresses by wine, He is a proud man …⁶“Will not all these take up a proverb against him, And a taunting riddle against him, and say, ‘Woe to him who increases What is not his—how long? And to him who loads himself with many pledges’? ⁷Will not your creditors rise up suddenly? Will they not awaken who oppress you? And you will become their booty. ⁸ Because you have plundered many nations, All the remnant of the people shall plunder you…” (Habakkuk 2:2-3,6–8).

Notice that what is to happen is so bad, that people who read the prophecy should run, when it is time for it to be fulfilled. Since that prophecy is to be fulfilled at the appointed time of the end, it is still for the future, but perhaps not too far distant in the future. No nation has ever been in as much total debt as the U.S.A.

Interestingly, in the past, one foreign creditor, China, has raised concerns about the U.S. debt that are so serious, that its potential dumping of that debt has been called China’s “nuclear option” (Gertz B, China Debt Threat. Washington Times, March 2, 2011) against the U.S.A.—an option that involves no military intervention, but that could greatly harm the U.S.A. (Thiel B. Donald Trump and America’s Apocalypse. Nazarene Books, 2017)

The USA must know that China is looking at what to do with US debt.

However, I do NOT expect the Chinese to try to dump it all now (if they sell any at all). But the time will come when Habakkuk 2 will be fulfilled.

Trade concerns are heating up.

In the Personal column of the January-March 2018 edition of Bible News Prophecy magazine, here is some of what I wrote:

It should also be noted that at least partially due to sanctions talk from US President Trump, in late 2017, China, Russia, and Venezuela took steps to move away from the US dollar as the world’s primary reserve currency. The eventual loss of the US dollar’s status as the world’s main reserve currency will harm the economy of the USA in many ways. While that is not going to happen in 2018, trade disputes/sanctions are pushing more of the world away from the US dollar. …

German Chancellor Merkel also went to Argentina to lay the foundations of a trade agreement with that nation as well as Mexico. There were also meetings and trips to Russia, China, and other nations.

China is concerned and is looking at steps to take.

As far as breaking away from the US dollar goes, China expects to launch its ‘petro-gold-yuan’ this coming Monday (see Russia prepared to drop SWIFT; China preparing for launch of petroyuan). More on China’s ‘petro-gold-yuan’ is discussed in the video: US Dollar being challenged by Gold-Petro-Yuan.

Changes in the international order are happening.

US President Trump is assisting in accelerating some of those changes.

Ultimately, that will not end well for the USA (cf. Daniel 11:39).

Some items of possibly related interest may include:

Trade Wars: Are COG warnings coming to pass? Trade issues, tariffs, and talk of trade wars are in the news. Can trade wars lead to World War III like they did to World War II? Are the events going on with the USA, UK, Asia, and Europe consistent with warnings published by the true Church of God (COG) over the past several years and decades? Do Germany and China hope to take advantage of trade frictions involving the Trump Administration and the Trans-Pacific Partnership agreement? What about Mexico and South America? Does the Bible teach that Europe will become a major trading power? Will the final European Babylonian trading power be destroyed? Dr. Thiel addresses these issues and more in this video.
18 items to prophetically watch in 2018 Much is happening. Dr. Thiel points to 18 in this article. Here is a link to a related sermon: 18 items to prophetically watch in 2018.
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US Dollar being challenged by Gold-Petro-Yuan The US dollar has been the world’s primary reserve currency for decades. Is this about to change? What is going on with the Chinese yuan and oil and gold? What do the BRICS nations want? What did Venezuela do? Do the Europeans want to dislodge the US dollar as the world’s primary reserve currency? Does US debt play any role? Does the Bible tell us what will happen to the USA and its dollar? What happens if the USA loses its status? Will gold outlast the US dollar? Dr. Thiel addresses those issues and more in this video.
Gentile Cryptocurrency Proposal Two Russian leaders have called for a BRICS-wide and/or EAEU-wide cryptocurrency. This is hoped to be used to replace the US dollar for international trade. BRICS stands for Brazil, Russia, India, China, and South Africa. The BRICS nations represent 3.6 billion people. The EAEU includes Russia, Armenia, Belarus, Kazakhstan, and Kyrgyzstan. Will Gentiles rise up? Are there any prophetic ramifications of what these nations are looking to do? This is a video.
World War III: Steps in Progress Are there surprising actions going on now that are leading to WWIII? Might a nuclear attack be expected? Does the Bible promise protection to all or only some Christians? How can you be part of those that will be protected? A related video would be Is World War III About to Begin? Can You Escape?
Forbes’ Brexit Monster is the Beast of Revelation Various ones have been properly convinced that there is a plan for a European superstate. Forbes’ writer Tom Worstall wrote that the Brexit vote was about the United Kingdom “not joining the monster of the European Union to come.” The Bible tells of a Beast monster that will arise in the end times in Europe. Dr. Thiel cites news reports, as well as the Old and New Testaments, to show that the monster many fear will arise in Europe, despite the vote by the British to exit the European Union.
Post Brexit Prophecy On June 23, 2016, the voters of the United Kingdom of Great Britain and Northern Ireland (UK) chose to leave the European Union. Now with this BRitish EXIT (Brexit) vote, what is prophesied to happen to the UK? Will the UK do well or be taken over and made slaves? Dr. Thiel explains from biblical prophecies what is ahead for the UK, Europe, and even the USA, Canada, Australia, and New Zealand. This is a video.
How To Determine If Someone is a True Prophet of God There are many false prophets. How can Christians determine who is a true prophet? There is also a sermon-length video titled How to determine if someone is a true prophet of God. Here is a related link in Spanish/español: ¿Cómo determinar si alguien es un verdadero profeta de Dios?
Just What Do You Mean — Repentance? Do you know what repentance is? Have you truly repented? Repented of what? Herbert W. Armstrong wrote this as a booklet on this important subject.
Who is the King of the North? Is there one? Do biblical and Roman Catholic prophecies for the Great Monarch point to the same leader? Should he be followed? Who will be the King of the North discussed in Daniel 11? Is a nuclear attack prophesied to happen to the English-speaking peoples of the United States, Great Britain, Canada, Australia, and New Zealand? When do the 1335 days, 1290 days, and 1260 days (the time, times, and half a time) of Daniel 12 begin? When does the Bible show that economic collapse will affect the United States? In the Spanish language check out ¿Quién es el Rey del Norte? Here is a link to a video titled: The Future King of the North.
Does God Have a 6,000 Year Plan? What Year Does the 6,000 Years End? Was a 6000 year time allowed for humans to rule followed by a literal thousand year reign of Christ on Earth taught by the early Christians? Does God have 7,000 year plan? What year may the six thousand years of human rule end? When will Jesus return? 2026 or 20xx? There is also a video titled 6000 Years: When will God’s Kingdom Come? Here is a link to the article in Spanish: ¿Tiene Dios un plan de 6,000 años?
When Will the Great Tribulation Begin? 2018, 2019, or 2020? Can the Great Tribulation begin today? What happens before the Great Tribulation in the “beginning of sorrows”? What happens in the Great Tribulation and the Day of the Lord? Is this the time of the Gentiles? When is the earliest that the Great Tribulation can begin? What is the Day of the Lord? Who are the 144,000? Here is a version of the article in the Spanish language: ¿Puede comenzar la Gran Tribulación en 2018 o 2019? ¿Es el Tiempo de los Gentiles? You can also see the English language sermon videos: The Great Tribulation from the Mount of Olives and Can the Great Tribulation begin before 2020? A shorter video is: Can the Great Tribulation begin in 2018?
The Times of the Gentiles Has there been more than one time of the Gentiles? Are we in it now or in the time of Anglo-America? What will the final time of the Gentiles be like? A related sermon is available and is titled: The Times of the Gentiles.
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British are the Covenant People What do ‘British’ and ‘Britain’ mean in Hebrew? Are the descendants of the Anglo-Saxons people of the covenant? Does the British royal family connect to the throne of David? What does the Bible teach? What does history show us? Is there any DNA evidence related to British-Israelism? When did Christianity make it to the British Isles? Could Jeremiah have made it to the British Isles? What type of Christians made it to the British Isles? Did the last King of England believe in British Israelism?
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Donald Trump and America’s Apocalypse This 188 page book is for people truly interested in prophecies related to Donald Trump and the United States, including learning about several that have already been fulfilled and those that will be fulfilled in the future. The physical book can be purchased at Amazon for $12.99 from the following link: Donald Trump and America’s Apocalypse.
Donald Trump and America’s Apocalypse-Kindle Edition This electronic version of the 188 page print edition is available for only US$3.99. And you do not need an actual Kindle device to read it. Why? Amazon will allow you to download it to almost any device: Please click HERE to download one of Amazon s Free Reader Apps. After you go to for your free Kindle reader and then go to Donald Trump and America’s Apocalypse-Kindle Edition.