U.S. Tariffs on China Aren’t a Short-Term Strategy
WASHINGTON—Whereas the White Home is progressing on commerce offers with allies together with Canada, Mexico, Korea and Europe, its dispute with China seems more and more intractable, with tariffs between the world’s two largest economies doubtless cemented in place for years.
In different commerce fights, President Trump used tariffs as leverage to achieve offers. Threatening automobile tariffs helped persuade Canada and Mexico to concede to U.S. calls for for a brand new North American Free Commerce Settlement, the president boasted. “With out tariffs, we wouldn’t…
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