Links
[1] https://www.washingtonpost.com/business/economy/trump-moves-to-crack-down-on-china-trade-with-50-billion-in-tariffs-on-imported-products/2018/03/22/c09309e8-2de3-11e8-8ad6-fbc50284fce8_story.html?utm_term=.ecca7a916c7b
[2] http://thehill.com/blogs/pundits-blog/economy-budget/327760-fears-of-a-trade-deficit-with-china-are-greatly-overblown
[3] https://www.mercatus.org/commentary/ten-things-you-need-know-about-tariffs
[4] https://www.mercatus.org/publications/american-balance-of-trade
[5] https://www.washingtonexaminer.com/opinion/can-congress-reclaim-its-powers-over-trade-and-tariffs
Why Trade with China is Good for America
With his decision to impose $60 billion in tariffs [1] on Chinese products this week, the president appears to be underestimating the mutually beneficial relationship [2] we share with China.
Why it matters: The United States imports roughly half a trillion dollars in goods from China, including clothing, shoes, electronics, furniture, and household appliances. Those imports help improve the lives of many Americans, particularly those in low-income households who benefit from lower prices on everyday goods.
Two more key ways we benefit from trade with China
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