Trump Administration Plans Trade Actions Against China

    Share on Google+        
Trump Administration Plans Trade Actions Against China
Click on the image
The American Chamber of Commerce in China was not aware that the U.S. would be using Section 301, and also warned the U.S. side to be prepared for countervailing measures by China. Bloomberg reports that one potential tit-for-tat measure by China could involve stemming the amount of soybeans imports, which already numbers 12.5 million tons. "Autos, aircraft and rare-earth commodities have also been identified as potential categories for restriction," according to Bloomberg . Here is more information on the other key industries essential to U.S.-China bilateral trade. The Brookings Institution also has a good roundup on what the potential Trump administration actions could mean for trade, writing, "Previous U.S. forays into protectionism--such as the Smoot-Hawley tariffs or Reagan's voluntary restraint agreements with Japan--were followed by increases, not decreases, in the U.S. trade deficit. Talk of getting tough with China on trade runs into the classic problem that small actions are mostly symbolic and ...

About Us
posted-today.org shows the most important world news of the day, under the editorial criteria of their impact on Internet and social networks.
Contact
Do you have any suggestion? Contact us.

    Share on Google+        

We might need you!
Investors and business angels continue reading, please: posted-today.org is a very innovative project which has just started. We can steadily grow in visits and content and become leaders of the digital press in an ETA of 10 years. This curve of success could be considerably improved having more resources. If you stand out for your vision of the future, maybe you can help us, or the other way round.
Technology
This is not just buzzing words: posted-today.org is an example of what you get when applying state-of-the-art technologies, such as Big Data, Content Curation, Natural Language Processing (NLP), NoSQL, Cloud Computing, ...