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来源类型Op-Eds
规范类型评论
Trump's new tariffs will cause more pain for Americans
Mary E. Lovely
发表日期2019-08-06
出处© CNN Business Perspectives
出版年2019
概述English
正文

In a sign of how far down the wrong road he has gone, President Donald Trump threatened new tariffs on Chinese imports last week. That move spurred China to halt all purchases of US farm products, and to allow the yuan to fall below a key benchmark value, making its exports more affordable in the United States.

President Trump's decision to levy a 10% tariff on another $300 billion of imports from China will do additional harm to US consumers, producers and workers. This new bundle of taxes falls heavily on final goods, such as clothing, shoes, household goods and baby products. If the tariffs start on September 1st, as suggested by the president's tweet, shoppers will see the impact immediately, as they begin their back-to-school shopping.

Continue reading at CNN.com

主题United States ; Protectionism ; Trade Policy
URLhttps://www.piie.com/commentary/op-eds/trumps-new-tariffs-will-cause-more-pain-americans
来源智库Peterson Institute for International Economics (United States)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/455970
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Mary E. Lovely. Trump's new tariffs will cause more pain for Americans. 2019.
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