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
小污女小欲女导航| 女人与公狍交酡女免费| 欧美日韩国产图片区一区| 日日噜噜夜夜狠狠视频| 水多多凹凸福利视频导航| 精品无码国产一区二区三区av| 精品国产三级在线观看| 国产最新进精品视频| 欧美激情综合色综合啪啪五月| 久久天天躁综合夜夜黑人鲁色| 中文字幕Aⅴ人妻一区二区苍井空| 国产激情av一区二区三区| 日韩麻豆国产精品欧美| 亚洲黄色第一页在线观看| 国产 浪潮av性色四虎| 97人妻免费碰视频碰免| AV狼友无码国产在线观看| 女人国产香蕉久久精品| 亚洲成a人片在线观看中文!!!| 丰满人妻熟妇乱偷人无码| 亚洲色大成网站www久久九九| 好身材主动上位叫声| 成人免费无码毛片黄网| 亚洲成人精品在线伊人网 | 国产乱色熟女一二三四区| 精品无码国产自产拍在线观看蜜| 国产精品午夜福利在线观看 | 国产精品区视频中文字幕| 婷婷色香五月综合缴缴情| 免费超爽大片黄| 亚洲第一无码AV无码专区| 97人摸人人澡人人人超一碰| 国产精品麻豆成人av电影| 深夜福利av无码一区二区| 99久久久国产精品消防器材| 婷婷六月综合| 自拍偷拍午夜福利视频| 大地资源网中文第五页| 精品国产线拍大陆久久尤物 | 熟女少妇高潮免费视频| 任我爽精品视频在线观看|