The ongoing economic brinkmanship between China and the United States is hurting all parties involved, yet no one is happy with the status quo.
What China did this week is the strongest counteraction it has taken so far in its ongoing trade war. It might have achieved the desired effect of causing market panic, but it will end up hurting China the most.
The trade war between China and the United States isn’t a conflict that will remain confined to the economy. It’s a risky play in a new Cold War.
Any political regime depends in part upon trust, and, when those in power do not live up to their commitments to the people, an appetite for change grows.
Chinese President Xi came to the summit with serious economic and political challenges domestically. President Trump was in a stronger negotiation position. So what happened?
A game where only one side plays by the rules is rigged. We have now locked ourselves in an embrace with a corrupt regime, and it has not been to our benefit economically or morally.
Tariffs can serve non-economic purposes. Although economically harmful, they can sometimes be used to gain political advantages that outweigh their economic costs.
China has enough bargaining chips to cement its spot as export king of the developing world. Trump must be strategic in trade negotiations with Xi Jinping.
Cooler heads have to prevail to ensure Meng Wanzhou’s arrest doesn’t become a catalyst that worsens the trade war.
We understand it would be wrong to let politicians interfere with our freedom to trade with our local grocery store. The same argument applies when looking at international trade.
China may be able to absorb the latest round of tariffs by turning goods destined for export around for internal consumption.
Free trade supporters will be disappointed in clauses such as the minimum wage requirement and recognition of bargaining rights. But such clauses appeal to union voters, who like Trump.
Until the UPU delivers fairer rates for American businesses, they will be stuck with an outrageous arrangement keeping their prices artificially high.
Many of the items set to be taxed are craft supplies — like yarn and fleece — that are purchased from China and sold in U.S. stores.
Jean-Claude Juncker reportedly told Donald Trump, ‘If you want to be stupid, I can be stupid, as well.’ This is a perfect summary of a trade war.
Trump’s trade war could hurt the ‘forgotten’ Americans — the very people he promised would be newly empowered by his presidency.
It seems almost embarrassing to have to rehearse the case for free trade, but Donald Trump is determined to make us learn it all over again, the hard way.
I support nearly unlimited trade, no matter what other nations do. It’s mostly because I love America.
Given both the negative economic effects and political risks, President Trump’s latest trade war with allies seems a miscalculated move, a fight he shouldn’t have picked.
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