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?
Lv 6
? asked in Social ScienceEconomics · 3 years ago

Is Trump beginning to decimate US export industries by preventing the Chinese from earning dollar purchasing power on their US exports?

2 Answers

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  • not
    Lv 7
    3 years ago
    Favorite Answer

    Perhaps he is copying Europe and doesn't know why? The EU already has such Tariff in place. A direct action too, worth some research for you.

    And what is to be said of China's tariffs? Is it decimating their economy by placing their tariffs on their imports?

  • Anonymous
    3 years ago

    China has more than 40% import taxes imposed on US goods. This has been reported to the Congress for years. China has also manipulated the Yuan. There is no free and fair trade with China. Trump has to do somethings.

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