欧美精品在线第一页,久久av影院,午夜视频在线播放一三,久久91精品久久久久久秒播,成人一区三区,久久综合狠狠综合久久狠狠色综合,成人av一区二区亚洲精,欧美a级在线观看
 
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
主站蜘蛛池模板: 99视频一区| 国产91视频一区| 国产一区二区三区四区五区七| 久久久99精品国产一区二区三区| 国产欧美日韩中文字幕| 亚洲精品乱码久久久久久按摩| 国产www亚洲а∨天堂| 国产一区影院| 国产精品欧美一区二区三区奶水 | 素人av在线| 在线精品一区二区| 亚洲欧美国产一区二区三区 | 欧美一区二区三区激情| 亚洲va国产2019| 欧美资源一区| 国产一区免费在线| 91精品国产影片一区二区三区| 国产一区二区在线免费| 国产精品视频十区| 欧美系列一区二区| 日韩区欧美久久久无人区| 日韩精品一二区| aaaaa国产欧美一区二区| 国产男女乱淫真高清视频免费| 日韩精品免费一区二区三区| 国产资源一区二区三区| 欧美激情在线免费| 国产videosfree性另类| xxxxx色| 欧美日韩中文字幕一区| 素人av在线| 久草精品一区| 国产精品久久免费视频| 午夜无人区免费网站| 欧美视屏一区| 国产精品美女久久久另类人妖| 久久国产欧美一区二区三区精品| 国语精品一区| 国产99久久久国产精品免费看| 中文字幕在线播放一区| 国产伦精品一区二区三区免费下载| 26uuu亚洲电影在线观看| 亚洲一级中文字幕| 91超薄丝袜肉丝一区二区| 在线视频不卡一区| 四虎久久精品国产亚洲av| 91国内精品白嫩初高生| 日本精品三区| 国产精品天堂网| 国产综合亚洲精品| 亚洲精品一区二区三区98年| 国产婷婷一区二区三区久久| 欧美日韩九区| 日本道欧美一区二区aaaa| 国产69精品久久99的直播节目| 亚洲精品老司机| 色狠狠色狠狠综合| 国产91视频一区| 91精品福利观看| 国产精品日韩视频| 91亚洲国产在人线播放午夜| 一区二区久久精品66国产精品| 91精彩刺激对白露脸偷拍 | 国模吧一区二区| 国产美女视频一区二区三区| 中文文精品字幕一区二区| 91久久国产视频| 一区二区三区国产精品视频 | 亚洲欧美v国产一区二区| 午夜国产一区| 色乱码一区二区三在线看| 韩国女主播一区二区| 国产农村妇女精品一二区| 精品国产乱码久久久久久久| 欧美精品日韩精品| 国产欧美一区二区精品性| 羞羞免费视频网站| av午夜电影| 久久午夜无玛鲁丝片午夜精品| 综合久久国产九一剧情麻豆| 国产麻豆91欧美一区二区| 亚洲一卡二卡在线|