Page 8 - The South China Business Journal
P. 8
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Trump and The mainstream media has been full of doomsday
scenarios these past few weeks concerning the
0.4%China’s potential for a China-US trade war given the tariff
impositions US President Donald Trump imposed
Trade War “upon China” to “stop steel dumping” and “protect
Damp Squib American jobs”.
By Chris Devonshire-Ellis, Bearing in mind Trump was elected on the premise
Chairman of Dezan Shira & Associates of anti-China dumping, the massive trade gap the US
has with China, and the “Make America Great Again”
6 AmCham South China slogans designed to both protect and create American
jobs, a scenario where Trump would have a go at China
to satisfy his voters has always seemed likely. But as I
pointed out on Russia Briefing last month, China isn’t a
huge supplier of steel to the US.
Washington has since gone on to say that the US
will impose tariffs on US$50 billion worth of imported
Chinese goods, with US trade representative Robert
Lighthizer saying the goal is to target 1,300 product
categories. This is apparently intended to “pressure”
China to alter its trade practices, regardless of the
established realization that China provides the US with
a lot of products where the profit margin is made by
Trump and The mainstream media has been full of doomsday
scenarios these past few weeks concerning the
0.4%China’s potential for a China-US trade war given the tariff
impositions US President Donald Trump imposed
Trade War “upon China” to “stop steel dumping” and “protect
Damp Squib American jobs”.
By Chris Devonshire-Ellis, Bearing in mind Trump was elected on the premise
Chairman of Dezan Shira & Associates of anti-China dumping, the massive trade gap the US
has with China, and the “Make America Great Again”
6 AmCham South China slogans designed to both protect and create American
jobs, a scenario where Trump would have a go at China
to satisfy his voters has always seemed likely. But as I
pointed out on Russia Briefing last month, China isn’t a
huge supplier of steel to the US.
Washington has since gone on to say that the US
will impose tariffs on US$50 billion worth of imported
Chinese goods, with US trade representative Robert
Lighthizer saying the goal is to target 1,300 product
categories. This is apparently intended to “pressure”
China to alter its trade practices, regardless of the
established realization that China provides the US with
a lot of products where the profit margin is made by
