06-02-2018, 02:45 PM
USA's trade war with China: imagine what would happen if China decided to impose economic sanctions on the USA?
Author’s Note
While President Trump has announced a trade war directed against China, he also ordered hikes in tariffs directed against Canada, Mexico, the European Union and South Korea not to mention the economic sanctions regime imposed on Russia, Iran, North Korea, Cuba and Venezuela. This broader trade war directed against the EU and America’s NAFTA partners has far-reaching implications. Similarly, President Trump fails to understand that these trade restrictions –including those directed against China– are largely detrimental to the U.S. economy.
With regard to China, Trump has duly instructed his administration to impose tariffs on about $50 billion worth of Chinese imports....
https://www.nexusnewsfeed.com/article/ge...n-the-usa/
Author’s Note
While President Trump has announced a trade war directed against China, he also ordered hikes in tariffs directed against Canada, Mexico, the European Union and South Korea not to mention the economic sanctions regime imposed on Russia, Iran, North Korea, Cuba and Venezuela. This broader trade war directed against the EU and America’s NAFTA partners has far-reaching implications. Similarly, President Trump fails to understand that these trade restrictions –including those directed against China– are largely detrimental to the U.S. economy.
With regard to China, Trump has duly instructed his administration to impose tariffs on about $50 billion worth of Chinese imports....
https://www.nexusnewsfeed.com/article/ge...n-the-usa/