Nope, if China banned Boeing, and Trump was afraid of joblosses, he would just get Powell to print a trillion dollars to buy boeing planes for the military or something. Like how he bought off the farmers by giving them corporate welfare.
Besides, if you ban boeing or Apple it sends a bad message and will deter future foreign investment. Also, your making it seem like Trump is actually rational or is mentally well or can even think one day ahead.
The only thing that can be done is make progress on chip fabrication.
Sanctions on Comac could be a problem, but they don't even have a product yet, so that's more like a speed bump. We will have to cross that bridge when we get there.
Financial sanctions such as cutting off China from US dollar could happen, but that would also spell the end or the USD as well. So it's not a huge risk right now. Mnuchin knows this and this is probably the only red line that cannot be crossed.
HOWEVER, it is still absolutely imperative that China gets its act together and reduce reliance on the USD for exports. New technology like DCEP is a start, but the financial system needs an overhaul and must be more accessible to foreigners without endangering financial stability.
