Posted inBeijing, China, European Union, India, Mexico, Northeast Asia, Russia, South Asia, South Korea, World

Trump’s tariffs won’t fix US trade deficits or deter China

Despite the rhetoric the US administration has used to rail against trading with China, the tariffs prescribed by President Donald Trump will neither cure America’s perceived ailment of trade imbalances nor deter the Chinese government from maintaining its export-reliant agenda. The proposed tariffs – 25% on steel and 10% on aluminum imports – are counterproductive […]