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

 
Protectionist tariffs no solution to U.S. trade imbalance
                 Source: Xinhua | 2018-03-31 03:15:03 | Editor: huaxia

Containers full of granny smith apples are seen in an apple orchard of Auvil Fruit Company in Wenatchee, Washington State, the United States, on Nov. 3, 2017. China has become one of Auvil's biggest overseas markets for its apples and cherries in recent years since the company learned about the B2C platform Tmall. (Xinhua/Wang Ying)

CHICAGO, March 29 (Xinhua) -- U.S. protectionist measures of unilaterally imposing steep tariffs will not solve trade problem but risk opening a Pandora's box to backfire on its own economy, said U.S. experts.

"The recent action by U.S. President (Donald) Trump to slap tariffs on China outside of the established WTO rules ... is troubling," Tom Watkins, an advisor to Michigan-China Innovation Center, told Xinhua in a recent interview.

"While it has some short term political benefit to President Trump's political base of disenfranchised voters, it is unlikely to have any significant long-term economic benefit to working class people in America, nor address real issue of free and fair trade imbalances," Watkins said.

A sample of clean, processed soybeans at Peterson Farms Seed facility in Fargo, North Dakota, U.S., Dec. 6, 2017. (Xinhua/REUTERS)

Many U.S. scholars echoed Watkins' view, as Trump signed a memorandum last week that could impose tariffs on up to 60 billion U.S. dollars of imports from China and place restrictions on Chinese investments in the United States.

China's Ministry of Commerce issued a warning the following day and also announced a plan for reciprocal tariffs on imported U.S. products worth about 3 billion dollars, targeting 128 categories of U.S. products including pork, wine and seamless steel tubes.

"Tariffs are not going to correct the trade deficit with China," said Khairy Tourk, a professor with the Stuart School of Business of the Illinois Institute of Technology in Chicago. "The reality is that the tariff burden will fall on the silent majority, the consumers. This would be difficult for the middle class and it could backfire on those responsible for the price increases."

Tourk said China's measured response shows that Beijing is not eager to start a trade war. "Obviously, if the situation is to escalate, the global economy will suffer," the expert added.

Grapes are seen at the Kunde Winery in California, U.S., Oct. 10, 2017. (Xinhua/REUTERS)

"A trade war only disadvantages our already disadvantaged populations," said William J. Carroll, president emeritus of the Benedictine University.

U.S. National Pork Producers Council (NPPC) posted a statement on its website the same day when Trump signed the memorandum, in which NPPC President Jim Heimerl said higher tariffs on imports from China will in turn harm U.S. producers and undermine the rural economy.

"No one wins in these tit-for-tat trade disputes, least of all the farmers and the consumers," said Heimerl.

File Photo: Workers cut pork at Park Packing, one of Chicago's few remaining slaughterhouses, in Chicago, Illinois July 18, 2015. (Xinhua/REUTERS)

U.S. pork industry exported 1.1 billion dollars of products to China in 2017. "China is a very important market for U.S. pork producers. In 2017, China was the second largest U.S. pork export market by volume and the third largest export market by value," Jim Monroe, NPPC senior communications director, told Xinhua.

Scholars said U.S. trade deficit is a problem, but not in the way Trump's administration thinks. "The deficit reflects lack of savings," said Tourk. It in fact reflects a deeper problem of imbalance in the flow of international investment.

"The best policy to increase American exports is to increase productivity," the professor said, adding this will require years to accomplish.

Back to Top Close
Xinhuanet

Protectionist tariffs no solution to U.S. trade imbalance

Source: Xinhua 2018-03-31 03:15:03

Containers full of granny smith apples are seen in an apple orchard of Auvil Fruit Company in Wenatchee, Washington State, the United States, on Nov. 3, 2017. China has become one of Auvil's biggest overseas markets for its apples and cherries in recent years since the company learned about the B2C platform Tmall. (Xinhua/Wang Ying)

CHICAGO, March 29 (Xinhua) -- U.S. protectionist measures of unilaterally imposing steep tariffs will not solve trade problem but risk opening a Pandora's box to backfire on its own economy, said U.S. experts.

"The recent action by U.S. President (Donald) Trump to slap tariffs on China outside of the established WTO rules ... is troubling," Tom Watkins, an advisor to Michigan-China Innovation Center, told Xinhua in a recent interview.

"While it has some short term political benefit to President Trump's political base of disenfranchised voters, it is unlikely to have any significant long-term economic benefit to working class people in America, nor address real issue of free and fair trade imbalances," Watkins said.

A sample of clean, processed soybeans at Peterson Farms Seed facility in Fargo, North Dakota, U.S., Dec. 6, 2017. (Xinhua/REUTERS)

Many U.S. scholars echoed Watkins' view, as Trump signed a memorandum last week that could impose tariffs on up to 60 billion U.S. dollars of imports from China and place restrictions on Chinese investments in the United States.

China's Ministry of Commerce issued a warning the following day and also announced a plan for reciprocal tariffs on imported U.S. products worth about 3 billion dollars, targeting 128 categories of U.S. products including pork, wine and seamless steel tubes.

"Tariffs are not going to correct the trade deficit with China," said Khairy Tourk, a professor with the Stuart School of Business of the Illinois Institute of Technology in Chicago. "The reality is that the tariff burden will fall on the silent majority, the consumers. This would be difficult for the middle class and it could backfire on those responsible for the price increases."

Tourk said China's measured response shows that Beijing is not eager to start a trade war. "Obviously, if the situation is to escalate, the global economy will suffer," the expert added.

Grapes are seen at the Kunde Winery in California, U.S., Oct. 10, 2017. (Xinhua/REUTERS)

"A trade war only disadvantages our already disadvantaged populations," said William J. Carroll, president emeritus of the Benedictine University.

U.S. National Pork Producers Council (NPPC) posted a statement on its website the same day when Trump signed the memorandum, in which NPPC President Jim Heimerl said higher tariffs on imports from China will in turn harm U.S. producers and undermine the rural economy.

"No one wins in these tit-for-tat trade disputes, least of all the farmers and the consumers," said Heimerl.

File Photo: Workers cut pork at Park Packing, one of Chicago's few remaining slaughterhouses, in Chicago, Illinois July 18, 2015. (Xinhua/REUTERS)

U.S. pork industry exported 1.1 billion dollars of products to China in 2017. "China is a very important market for U.S. pork producers. In 2017, China was the second largest U.S. pork export market by volume and the third largest export market by value," Jim Monroe, NPPC senior communications director, told Xinhua.

Scholars said U.S. trade deficit is a problem, but not in the way Trump's administration thinks. "The deficit reflects lack of savings," said Tourk. It in fact reflects a deeper problem of imbalance in the flow of international investment.

"The best policy to increase American exports is to increase productivity," the professor said, adding this will require years to accomplish.

010020070750000000000000011100001370780401
久久精品无码av| 亚洲国产欧美一区二区好看电影 | 精品在免费线中文字幕久久| 神马午夜久久精品人妻| 精品久久综合1区2区3区激情| 成人无码一区二区三区网站| 国产免费观看黄av片| 亚洲午夜免费福利视频| 18av千部影片| 日本亚洲一区二区精品久久| 精品亚洲女同一区二区| 亚洲AV无码乱码A片秀色直播| 2012中文字幕在线视频| 中文字幕精品av一区二区五区| 色又黄又爽18禁免费网站现观看 | 国产精品18久久久久久不卡中国 | 国产女人在线观看| 国产成人拍国产亚洲精品| 国产婷婷亚洲999精品小说| 日韩乱码人妻无码中文字幕视频| 亚洲性夜夜天天天| 在线无码精品秘 在线观看| 青青草视频在线网站观看 | 精品久久久久久无码人妻VR| 日韩国产av一区二区三区精品| 久久天天躁夜夜躁狠狠ds005| 日本xxxxx片免费观看| 国产日韩一区二区精品| 无码高潮喷水在线观看| 超碰伊人久久大香线蕉综合| 无码国内精品人妻少妇| 女人高潮特级毛片| 国产小受呻吟gv视频在线观看| 自拍欧美亚洲| 内地自拍三级在线观看| 久久久久亚洲精品无码网站| 欧美狠狠干| 99久久久无码国产精品不卡| 久久精品亚洲成在人线av麻豆| 国产成人精品亚洲日本在线观看 | 亚洲av制服一区二区三区|