Right now the Chinese are gambling along with the US. As long as they believe that they can make money holding the paper, they will. But by setting a tariff we do at least two things to change the balance. A: Their currency advantage disappears. B: Their most favored trading partner advantage is decimated - a major insult. If they aren't making the money they want AND feel that we're pissing on them ...they'll piss back. Right now the biggest thing they have going is the trade they are doing with the US. Reduce that and the game changes. I would rather see the US pass the Fair Tax and equal the playing field from that perspective; plus get the Feds off of the backs of the manufacturers so they can build something profitably (GASP!!! THAT WORD!) There are twice as many people working for government than there are in manufacturing. While manufacturing is more dependent on systems and technology than labor now, at least the money is made here and stays here. And labor is required to keep the systems working. Contrary to what a lot of people think, Government never invented anything substantial. It took money at gunpoint from it's citizens and paid private industry to do the work. If we cut out the middle man (government) it would be a lot more efficient.