Quote:
Originally Posted by Qwerty
I still don't agree. A barrier on either side creates a barrier on both sides. It's the same as a wall, it works both ways.
If China has a tariff on its imports, that makes it less likely for China to buy from the US. That means the US will have less money to spend in China. It Reduces trade both ways.
If you got a problem with the current imbalance in trade between the countries, you might want to look at one of the root problems (US govs debt).
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In case you did not know, the Yuan is pegged to the dollar, therefore free market mechanisms can not work the dollar falls so does the Yuan therefore there is no free market it is heavily on the side of China, if you listen and follow Doha trade talks, people expect America to reduce tariffs whilst they keep their tariffs, you are looking at theory am looking at what is happening, surely you can tell the difference, that is why the Doha trade talks are failing, do you know the Yuan is pegged to the dollar, do you know why Doha is collapsing, America opened up its borders whilst other countries to the large extent did not, especially Asian countries. I am not talking of the EU and Canada.