Author Topic: Report: China Is Picking Up The Tab For Trump’s Trade War  (Read 1346 times)

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Offline Frank Cannon

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https://dailycaller.com/2018/11/19/report-china-paying-trumps-trade-war/

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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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Offline Wingnut

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Re: Report: China Is Picking Up The Tab For Trump’s Trade War
« Reply #2 on: Friday, Jan 04, 2019 04:28 pm »
In before the NT "Tariffs don't work" crowd.
You don’t become cooler with age but you do care progressively less about being cool, which is the only true way to actually be cool.