Tariffs aren’t simply a negotiating tactic for the U.S., but a way to change economic incentives. Using tariffs to make it more expensive for companies to export from China, Trump trade warriors figure, will encourage foreign firms to take their know-how out of the country. So far, the U.S. has imposed tariffs on about half of the $505 billion that the nation imported from China in 2017. Mr. Trump has threatened to hit the other half with levies too
U.S. Tariffs on China Aren’t a Short-Term Strategy
- Posted October 8
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