无码少妇一区二区三区免费,妓院一钑片免看黄大片,国语自产视频在线,亚洲AV成人无码国产一区二区,激情久久综合精品久久人妻,日韩免费毛片,综合成人亚洲网友偷自拍,国内自拍视频在线观看,欧美熟妇性xxxx交潮喷,国产成人精品一区二免费网站

 
Interview: Trump's tariffs "counterproductive" to American economy, says expert
                 Source: Xinhua | 2018-03-25 03:41:41 | Editor: huaxia

A trader has a rest after market closing at the New York Stock Exchange in New York, the United States, March 22, 2018. U.S. stocks ended lower on Thursday, with the Dow plunging over 700 points, after the U.S. President Donald Trump announced to impose tariff on imported products from China. (Xinhua/Wang Ying)

NEW HAVEN, United States, March 22 (Xinhua) -- U.S. President Donald Trump's tariffs are "counterproductive" to the American economy, said Paul Kennedy, a history professor at Yale University.

Trump has taken a simplistic view of the trade relationship, the 72-year-old Kennedy told Xinhua in an exclusive interview on Thursday. He is best known for his 1987 epic book "The Rise and Fall of the Great Powers."

NO SIMPLE WIN-LOSE GAME

Despite strong warnings from trade experts, Trump on Thursday signed a memorandum that could impose tariffs on up to 60 billion U.S. dollars of imports from China, the latest unilateral move that poses a threat to global trade.

The move follows Trump's recent tariff plan on steel and aluminum imports and January's tariffs levied on imported solar panels and washing machines, which have been chided by business groups as an act of protectionism.

"The simplistic view of a win-lose in an economic, visible trade of goods would be derided by every economist we know, even by Republican economists," said Kennedy, commenting on the decision of the Republican-backed president.

The Yale professor pointed out that, following Trump's logic, China's trade surplus with the United States is because "the Chinese are selling more to us then we're selling to them."

But the tariffs "will be more counterproductive than helpful to the American economic position," said the historian, who also specializes in international relations.

"There are many, many more workers employed in the use of aluminum and steel than there are in the production of aluminum and steel," said Kennedy.

"So for every one American worker who will be pleased at Mr. Trump's announcement of tariffs, there will be ten American workers whose own products in his or her factory will be affected by the cost of the tariff," the scholar added.

"It is less of a concern economically really, I think, than it is a concern politically," said Kennedy, emphasizing that it showed "a lack of understanding of the complexity of a relationship."

Kennedy noted that Trump regarded relations with other nations as "almost a sort of single win-lose game of chess," while U.S.-China ties are "incredibly important and complicated."

TWO ELEPHANTS IN THE JUNGLE

In the interview, the British professor noted that Trump's China tariffs were "bad for general U.S.-China understanding," warning that it could cause China to "do some tit-for-tat measures."

"Of course, China can think, Chinese officials can think: Which American goods shall we put a tariff on just to hurt them," Kennedy said.

In fact, China said Friday that it is considering tariff increase on imports of some products from the United States to make up for losses caused by the U.S. tariffs on steel and aluminum imports from China.

"China has made clear its position several times that it stands firmly against such unilateral and trade protectionist practices from the U.S. side," an official with the China's Ministry of Commerce said on Thursday.

Laptops made in China are on sale at a Best Buy store in New York, the United States, on March 22, 2018. Despite strong warnings from business groups and trade experts, U.S. President Donald Trump on Thursday signed a memorandum that could impose tariffs on up to 60 billion U.S. dollars of imports from China, the latest unilateral move that poses a threat to global trade. (Xinhua/Wang Ying)

Citing the example of Europe, a potential target of the impending U.S. tariffs and which has already announced it will respond by slapping import duties on a greater number of U.S. products, Kennedy believed that it could make the situation "infinitely complicated."

Meanwhile, Kennedy said that as "the two biggest elephants in the jungle" the trade relationship between Washington and Beijing has an impact on all other relationships in the Asia Pacific and other areas.

"Each of them has the capacity to do a good contribution to international trade, said Kennedy, "(and) each has a capacity to make it sour, to make it less effective."

Back to Top Close
Xinhuanet

Interview: Trump's tariffs "counterproductive" to American economy, says expert

Source: Xinhua 2018-03-25 03:41:41

A trader has a rest after market closing at the New York Stock Exchange in New York, the United States, March 22, 2018. U.S. stocks ended lower on Thursday, with the Dow plunging over 700 points, after the U.S. President Donald Trump announced to impose tariff on imported products from China. (Xinhua/Wang Ying)

NEW HAVEN, United States, March 22 (Xinhua) -- U.S. President Donald Trump's tariffs are "counterproductive" to the American economy, said Paul Kennedy, a history professor at Yale University.

Trump has taken a simplistic view of the trade relationship, the 72-year-old Kennedy told Xinhua in an exclusive interview on Thursday. He is best known for his 1987 epic book "The Rise and Fall of the Great Powers."

NO SIMPLE WIN-LOSE GAME

Despite strong warnings from trade experts, Trump on Thursday signed a memorandum that could impose tariffs on up to 60 billion U.S. dollars of imports from China, the latest unilateral move that poses a threat to global trade.

The move follows Trump's recent tariff plan on steel and aluminum imports and January's tariffs levied on imported solar panels and washing machines, which have been chided by business groups as an act of protectionism.

"The simplistic view of a win-lose in an economic, visible trade of goods would be derided by every economist we know, even by Republican economists," said Kennedy, commenting on the decision of the Republican-backed president.

The Yale professor pointed out that, following Trump's logic, China's trade surplus with the United States is because "the Chinese are selling more to us then we're selling to them."

But the tariffs "will be more counterproductive than helpful to the American economic position," said the historian, who also specializes in international relations.

"There are many, many more workers employed in the use of aluminum and steel than there are in the production of aluminum and steel," said Kennedy.

"So for every one American worker who will be pleased at Mr. Trump's announcement of tariffs, there will be ten American workers whose own products in his or her factory will be affected by the cost of the tariff," the scholar added.

"It is less of a concern economically really, I think, than it is a concern politically," said Kennedy, emphasizing that it showed "a lack of understanding of the complexity of a relationship."

Kennedy noted that Trump regarded relations with other nations as "almost a sort of single win-lose game of chess," while U.S.-China ties are "incredibly important and complicated."

TWO ELEPHANTS IN THE JUNGLE

In the interview, the British professor noted that Trump's China tariffs were "bad for general U.S.-China understanding," warning that it could cause China to "do some tit-for-tat measures."

"Of course, China can think, Chinese officials can think: Which American goods shall we put a tariff on just to hurt them," Kennedy said.

In fact, China said Friday that it is considering tariff increase on imports of some products from the United States to make up for losses caused by the U.S. tariffs on steel and aluminum imports from China.

"China has made clear its position several times that it stands firmly against such unilateral and trade protectionist practices from the U.S. side," an official with the China's Ministry of Commerce said on Thursday.

Laptops made in China are on sale at a Best Buy store in New York, the United States, on March 22, 2018. Despite strong warnings from business groups and trade experts, U.S. President Donald Trump on Thursday signed a memorandum that could impose tariffs on up to 60 billion U.S. dollars of imports from China, the latest unilateral move that poses a threat to global trade. (Xinhua/Wang Ying)

Citing the example of Europe, a potential target of the impending U.S. tariffs and which has already announced it will respond by slapping import duties on a greater number of U.S. products, Kennedy believed that it could make the situation "infinitely complicated."

Meanwhile, Kennedy said that as "the two biggest elephants in the jungle" the trade relationship between Washington and Beijing has an impact on all other relationships in the Asia Pacific and other areas.

"Each of them has the capacity to do a good contribution to international trade, said Kennedy, "(and) each has a capacity to make it sour, to make it less effective."

010020070750000000000000011105091370630211
久久月本道色综合久久| 麻花传媒免费网站在线观看| 青青青视频免费一区二区| 全网手机av免费在线播放 | 69精品国产久热在线观看| 国产精品亚洲专区无码影院| 18av千部影片| 国产偷自视频区视频| 99久久精品国产免费看| 亚洲男女一区二区三区| 国产欧美日韩在线不卡第一页| 亚洲欧美中文v日韩v在线| 三上悠亚精品二区在线观看| 狠狠躁夜夜躁人人爽天天古典| 美女不带套日出白浆免费视频| 精品色卡一线二线三线的| 熟女系列丰满熟妇AV| 国产精品美女一区二三区| 性做久久久久久久久| 精品亚洲男人天堂av| 久久综合国产色美利坚| 国产精品视频熟女韵味| 97se亚洲综合在线| 蜜桃无码一区二区三区| 亚洲欧美一区二区成人片| xxxxbbbb欧美残疾人| 99久久综合狠狠综合久久| 亚洲日韩欧美国产另类综合| 亚洲精品国产一区二区| 日韩人妻少妇一区二区三区 | 狠狠色丁香婷婷综合尤物| 亚洲中文永久在线不卡| 国产成人8x视频一区二区| 国内精自视频品线一二区| 欧美亚洲另类自拍偷在线拍| 女同另类激情在线三区| 国产乱码精品一区二区三区四川人 | 三上悠亚精品一区二区久久| 国产精品午夜福利在线观看| 小姑娘在线观看免费版| 男女啪啪嘿咻gif动态图|