3 ms·
Cars are a big one. But, also, just by keeping their currency low compared to the US Dollar, the Chinese put a naturally high tariff on everything. The Chinese
by socrates1998 7y ago
Cars are a big one. But, also, just by keeping their currency low compared to the US Dollar, the Chinese put a naturally high tariff on everything.
The Chinese, by being labeled a "developing country" in the WTO agreement are allowed to have unequal tariffs on imported goods.
Really, it's not one thing with China, it's a list of problems:
1) Artificially controlled (and low) currency, making Chinese goods cheaper than American goods.
2) Specific tariffs on American goods (cars)
3) Industrial espionage of technology (Huawei)
4) Trademark theft (Apple and other luxury brands have literally fake stores all over China)
5) Intellectual property theft (DVD's, movies, ect..)
6) Geopolitical rivals. They often refuse to cooperate with US led efforts around the world.
7) Domestic Chinese political oppression. China is a police state and getting worse.
I think Americans are finally done with it. Why should we put up with all this? For cheaper cell phones?
What we can get from China, we can get from other countries without all the bullshit.
- chillacy 7y agoWe'll trade with someone else, they'll slowly get richer, we'll say they were cheating us, and the cycle will continue. Happened with the Japanese, the Germans (in the UK), the Americans (UK), etc.