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: Tariff plan shows misconception about trade deficits: U.S. expert

Source: Xinhua| 2018-06-28 17:46:36|Editor: Li Xia
Video PlayerClose

NEW YORK, June 27 (Xinhua) -- The U.S. government's recent controversial tariffs on imports from China show its misconceptions about trade deficits, a U.S. expert has said.

"To say that trade deficits are bad, is not the entire story," Robert Salomon, associate professor at the Stern School of Business, New York University, told Xinhua in a recent interview.

Looking at trade deficits, the Trump administration says the United States is "getting beat on trade or the U.S. is losing -- that's not always entirely clear," said Salomon.

There were a variety of reasons for U.S. trade deficits. "Many of them are influenced by macroeconomic factors beyond we're winning and they're losing," he said.

Putting tariffs on Chinese goods and forcing the Chinese side into buying U.S. goods to narrow down the trade deficit only "inflame tensions and lead us ever closer to a full-blown trade war," Salomon said.

He suggested the Trump administration "stop this fixation on deficits in trade of goods" and address issues through proper platforms such as the World Trade Organization or on a bilateral basis with Chinese counterparts.

Furthermore, the United States actually gains from trade deficits, he said.

He explained that China buys U.S. treasuries with dollars it gained from a trade surplus and partly attributes to that the relatively low interest rates in America, which benefit U.S. individuals and businesses.

The U.S. academic positively commented on this "recirculation of U.S. dollars from China back into the United States." Individuals and businesses can borrow on better terms, and it helps U.S. companies to raise capital and start new businesses, said Salomon.

However, he cautioned that trade wars are costly.

In response to the U.S. threat of an additional 25-percent tariff on Chinese imports worth about 50 billion U.S. dollars earlier this month, China has announced additional tariffs for 545 items worth about 34 billion dollars, raising concerns of a trade war between the two largest economies.

"Trade wars will result in higher prices for consumers, lower profits for corporations," Salomon said.

TOP STORIES
EDITOR’S CHOICE
MOST VIEWED
EXPLORE XINHUANET
010020070750000000000000011100001372873591
麻花传媒在线观看免费| 国产日韩欧美在线播放| 欧美人与动牲交a免费| 天码AV无码一区二区三区四区| 美女黄网站人色视频免费国产 | 女人与公狍交酡女免费| 久久精品国产亚洲av电影| 免费特黄夫妻生活片| 宫西光有码视频中文字幕| freesexparty性欧美第一次| 免费网站成人亚洲| 韩国三级+mp4| 麻花传媒在线观看免费| 一本一本久久a久久精品综合不卡 337p日本欧洲亚洲大胆色噜噜 | 99久久久无码国产精品免费| 97国产超碰一区二区三区| 亚洲色偷拍一区二区三区| 国产精品国产三级国快看| 久章草在线无码视频观看| 日韩精品射精管理在线观看| 阿娇囗交全套高清视频| 国产无遮挡免费真人视频在线观看| 国产青榴视频在线观看| 亚洲av永久无码精品天堂久久| 国产一区二区三区免费观看在线 | 久久久99一区二区三区| 无码不卡中文字幕av| 情侣作爱视频网站| 亚洲AⅤ天堂AV天堂无码| 欧美高清videosfreeⅹ| 怡红院美国分院一区二区| 亚洲欧美激情四射在线日| 成人精品视频一区二区三区| 天天影视色香欲综合久久| 一区二区三区熟女人妻| 丰满人妻熟妇乱又伦精品软件| free性丰满熟女hd| 白白色发布永久免费观看视频| 国产精品最新资源网| 亚洲欧美日韩中文字幕一区二区三区| 日韩大乳视频中文字幕|