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> What I don't understand is the response. The burden of this cost has entirely been placed upon US businesses I don't think that's true, which is proven by th
by kinsomo 8y ago
> What I don't understand is the response. The burden of this cost has entirely been placed upon US businesses
I don't think that's true, which is proven by the fact that China is strongly opposed to the tariffs and plans to retaliate with their own. China's exports will go down, so it will cost them too.
- defertoreptar 8y agoIf the USA goes up 25% and then China goes up 25%, then it will impact China's GDP far more than USA's. China's economy relies much more on trade with the USA than the other way around.
- lancewiggs 8y agoIt depends what they apply it to - and we can bet that a lot of thought will go into that.