Saturday , April 27 2024
Home / Mike Norman Economics / Sputnik International — Tariffs? Meh: China Has Other Ways to Answer On Trump’s Trade War

Sputnik International — Tariffs? Meh: China Has Other Ways to Answer On Trump’s Trade War

Summary:
The Chinese economy has plenty of ways to counter US President Donald Trump's import tariffs apart from simply imposing parallel measures, writes Politico's authors Adam Behsudi and Doug Palmer, that have been used in the past and proven to be very effective. One misapprehension in the article, perhaps since the authors are American and influenced by American views of how China functions, is that the Chinese government can suggest a boycott of US imports that would be effective. The reality is that Chinese citizens are extremely patriotic and the government would not need to say anything for a boycott to arise spontaneously.  The US is already risking this.Sputnik InternationalTariffs? Meh: China Has Other Ways to Answer On Trump’s Trade WarSee also The American government is the

Topics:
Mike Norman considers the following as important:

This could be interesting, too:

Stavros Mavroudeas writes S.Mavroudeas’ interview in News of PRESS TV (11-7-2020) on the trade war

Mike Norman writes There Was No Housing Bubble and Everyone Agrees We Have to Crack Down On China’s Practices on Intellectual Property — Dean Baker

Mike Norman writes Trade Policy — Uncertainty May Affect the Organization of Firms’ Supply Chains— Sebastian Heise, Justin R. Pierce, Georg Schaur, and Peter K. Schott

Daniel Becker writes The Truckers are not happy

The Chinese economy has plenty of ways to counter US President Donald Trump's import tariffs apart from simply imposing parallel measures, writes Politico's authors Adam Behsudi and Doug Palmer, that have been used in the past and proven to be very effective.
One misapprehension in the article, perhaps since the authors are American and influenced by American views of how China functions, is that the Chinese government can suggest a boycott of US imports that would be effective. The reality is that Chinese citizens are extremely patriotic and the government would not need to say anything for a boycott to arise spontaneously.  The US is already risking this.

Sputnik International
Tariffs? Meh: China Has Other Ways to Answer On Trump’s Trade War

See also

The American government is the initiator of evil.
Taking off the gloves, and preparing the Chinese people for the global economic chaos that may be coming.

Global Times
Trump's trade war will disrupt world economic order

Editor : Li Yan
Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

Leave a Reply

Your email address will not be published. Required fields are marked *