The U.S. and China have had a complicated trade relationship for the last half century. WSJ’s William Mauldin looks at the key moments that landed the two countries on the doorstep of a possible trade deal.
Photo Illustration: Heather Seidel
Who will reap the benefits from a better trade deal? We will, this American says.
Just to be clear. Customers have choices. I suggest if a product is imported from China the customer uses other products from Countries that don't have a 25% tariffs applied to their products. It's not complicated people.
U.S. trade balance trends with China, Canada, Mexico, EU, Germany, U.K., France, Japan, and . Korea. chart:
Avoid tariffs ? Buy American product 0% tariffs. or non-tariffs country.
We may pay increased prices. But with these price points American companies may be able to compete again. Protectionist policy, yes. But necessitated by the Fed's inflationary policy.
So suck up to China is the choice?
god bless Trump. Anything but austerity, anything but someone beholden to a cadre of amoral globalists.
who gets hit in China by China's tariffs? lol. difference: manufacturers bear brunt of tariff (a tax)...which is China. next Trump2020
Yes, little pain now for prosperity tomorrow
We do. Companies aren't going to soak up that cost, they're going to pass it along as increased prices. And when the tariffs go away, they won't lower their prices back down.
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