The Trump administration seems confident the trade war will be "easy to win" and will help reduce the US' trade deficit with China. This reaction, however, fails to encompass the complexities of a globalized economy and how tariffs on foreign imports can, in turn, harm US companies and ...
Since 2018, the US government has imposed additional tariffs on Chinese exports on the grounds of the US trade deficit with China. However, the transfer of pollutants embodied in trade and the differences in environmental costs between China and the US have not been widely recognized. In this ...
If the United States liberalizes its export barriers against China to the same level as France, the U.S. trade deficit with China would narrow by a third, the report cited the analysis by U.S. Carnegie Endowment for International Peace. According to the joint study of Chinese and U.S. ...
For the United States, the tariffs were imposed as part of U.S. president Donald Trump’s protectionist agenda. These tariffs were imposed in order to protect the intellectual property of U.S. businesses, and to help reduce the U.S. trade deficit with China. China, meanwhile, set their t...
China trade deficit.The empirical analysis concludes that: U.S.trade balance has a positive long-run equilibrium relationship with foreign direct investment in its manufacturing industry,and there is a Granger causality relationship,indicating that FDI in its manufacturing industry has caused the ...
A trade war between the U.S. and China is brewing and could be the biggest risk for global investors, a prominent asset manager told CNBC.
Published on Monday, April 16, 2018 China, trade war with the US?There are concerns that the protectionist rhetoric and the so far limited tariff increases may lead to a full-blown trade war between the US and China which could put the brakes on world growth....
China-US trade holds great significance for the world's political and economic landscape.Since 2018,the US government has imposed additional tariffs on Chinese exports on the grounds of the US trade deficit with China.However,the transfer of pollutants embodied in trade and the differences in envir...
destination for Chinese students. According to Chinese figures, two-way trade in services rose from US$27.4 billion in 2006, the earliest year with available statistics, to US$125.3 billion in 2018, a 3.6-fold increase. In 2018, China's services trade deficit with the US reached US$48.5 ...
Besides, he was asked for a plan to reduce the US annual trade deficit with China by US$ 100 billion, equivalent to 26.7% of the US trade deficit in goods with China in 2017. China’s stance on trade war Asked whether there would be a trade war between China and the US, Chinese ...