April 15, 2021

There is no commercial war between China and the United States

There is no commercial war between China and the United States


Updated:

The current conflict between United States and China It is not a commercial war. Although the United States has a large trade deficit with China, this is not the reason why it imposed high customs tariffs on its imports and threatens to increase them further after March 1, when the current 90-day truce ends. Tariffs are for China to end its policy of stealing American technology.

The Chinese Government He refers to the conflict as a commercial war in the hope that his purchase of large quantities of American products will lead the United States. put an end to tariffs. Chinese negotiators have recently offered to buy enough products to reduce the deficit

Martin Feldstein "width =" 100 "height =" 110Martin Feldstein

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