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Singled out by Trump, China has the 'leverage to retaliate' and nothing to lose

5 点作者 etiam大约 1 个月前

1 comment

hilbert42大约 1 个月前
Unfortunately, I don&#x27;t see these tariffs working out well for the US unless American consumers actively cooperate and actually stop buying Chinese goods.<p>The article mentions there&#x27;s 30&#x2F;40% profit on Chinese exports which means China could effectively absorb increases due to tariffs and lower prices and American consumers would continue to buy.<p>US consumers must stop buying goods from China in enough numbers for it to have a negative effect on the Chinese economy. Most of us in the West have gotten used to buying cheap goods from there and I reckon it&#x27;ll be damn hard to kick the habit.
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