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对中国产品征收高关税或者迫使人民币升值将推动美国商品的通货膨胀,减少中国对美国国库券的持有,并使债券收益上升。
Imposing high tariffs on Chinese products or forcing the renminbi to appreciate will push inflation in U.S. commodities, reduce China’s holdings of U.S. treasuries and increase bond yields.