After abandoning its initial goals with China, U.S. officials hope for a modest deal to limit the economic damage caused by Trump’s tariffs.
concluded, “When adding the tariffs in effect and the tariffs set to go into effect by the end of 2019 . . . the tariffs will cost the average household $2,031 per year.”
Bryan Riley, director of the National Taxpayers Union's Free Trade Initiative, agrees with Griswold. “The initial stated objective was to investigate China's practices regarding technology transfer, intellectual property and innovation,” Riley told me in an interview. “Some have suggested that the real purpose was to come up with a justification to impose tariffs. In any case, the result has been more tariffs and no change in China's practices.
“Initially many people were willing to give President Trump's approach time, but as time goes by with no resolution, the costs continue to mount,” said Bryan Riley. “Both sides would benefit from a face-saving deal that reduces the new barriers that have been imposed.”
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Original Trump Goal In China Trade Talks AbandonedAfter abandoning its initial goals with China, U.S. officials hope for a modest deal to limit the economic damage caused by Trump’s tariffs.
Weiterlesen »
China is resorting to new forms of bullying in the South China SeaIt wants other littoral states to adopt a lopsided code of conduct
Weiterlesen »
GOP challenger says Trump is a traitor for asking Ukraine and China to investigate BidensFormer GOP Rep. Joe Walsh, a longshot candidate for the Republican nomination for president, called President Trump a 'traitor' for asking Ukraine and China to investigate former VP Joe Biden and his son, Hunter, and again argued Trump should be impeached
Weiterlesen »
Susan Collins: Trump made 'big mistake' in asking China to probe Biden
Weiterlesen »
Trump Urging China To Probe Biden 'Completely Inappropriate,' Says Susan Collins“I thought the president made a big mistake by asking China to get involved in investigating a political opponent," said Maine&39;s Republican senator.
Weiterlesen »
Microsoft CEO Satya Nadella says stopping the firm's controversial research in China would hurtMicrosoft CEO Satya Nadella has said halting...
Weiterlesen »