The Briefing Room

General Category => Economy/Business => Topic started by: Frank Cannon on November 20, 2018, 12:46:28 am

Title: Report: China Is Picking Up The Tab For Trump’s Trade War
Post by: Frank Cannon 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.

Title: Re: Report: China Is Picking Up The Tab For Trump’s Trade War
Post by: IsailedawayfromFR on January 05, 2019, 01:22:45 am

Another clear US advantage the tariffs have caused - American jobs.
https://www.breitbart.com/politics/2019/01/04/free-traders-prediction-of-tariff-doom-fails-as-u-s-manufacturing-booms/ (https://www.breitbart.com/politics/2019/01/04/free-traders-prediction-of-tariff-doom-fails-as-u-s-manufacturing-booms/)

(https://pbs.twimg.com/media/DwFSniIWkAEwkDE.jpg:large)

Title: Re: Report: China Is Picking Up The Tab For Trump’s Trade War
Post by: Wingnut on January 05, 2019, 01:28:37 am

In before the NT "Tariffs don't work" crowd.