3 ms·
I'm not saying anything about the Chinese protections merely the US protections.
by boringg 3y ago
I'm not saying anything about the Chinese protections merely the US protections.
- seanmcdirmid 3y agoThe US and Chinese protections were negotiated at the same time in 2006: China wanted a 25% tariff for automobiles imported into China from the USA (down from 80-100%), the USA said, OK, but we will apply the same to your cars. That's why it was negotiated, if China offered no tariff, the USA would have jumped at that. Almost all tariffs are reciprocated, that's just how this game works. It is only an accident in history that these tariffs now protect the USA rather than China.