Author Topic: Report: China Is Picking Up The Tab For Trump’s Trade War  (Read 1103 times)

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Offline Frank Cannon

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Report: China Is Picking Up The Tab For Trump’s Trade War
« on: November 20, 2018, 12:46:28 am »
https://dailycaller.com/2018/11/19/report-china-paying-trumps-trade-war/

Quote
China appears to be taking the brunt of the economic impact of President Donald Trump’s trade war, at least according to a paper published by EconPol Europe.

The paper, authored by Benedikt Zoller-Rydzek and Gabriel Felbermayr, asserts that American consumers and U.S.-based companies will only absorb 4.5 percent of the 25 percent tariff increase imposed on China — the remaining 20.5 percent will be picked up by China — and this applies to $250 billion in Chinese goods.

Offline IsailedawayfromFR

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Re: Report: China Is Picking Up The Tab For Trump’s Trade War
« Reply #2 on: January 05, 2019, 01:28:37 am »
In before the NT "Tariffs don't work" crowd.
I am just a Technicolor Dream Cat riding this kaleidoscope of life.