The Trump administration Tuesday unveiled a list of about $50 billion in Chinese electronics, aerospace and machinery products it plans to hit with steep tariffs, the latest move in a deepening U.S.-China trade conflict.
The new 25 percent import taxes are designed to penalize China for discriminatory policies that the United States says put its companies at a disadvantage in the Chinese market. President Donald Trump has complained that the Chinese government forces U.S. companies to surrender their proprietary technology in return for access to local customers and steals other trade secrets via cybertheft.
(c) 2018, The Washington Post · David J. Lynch
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Then for sute they’ll lose
Then for sure they’ll their American market. As it is their stuff is usually much lower quality – substantially lower – than things made in America and their only appeal is price. They pay their laborers 50 cents an hour and force them to work 12-14 hours daily. If their products are tarriffed their appeal is gone. And that’s their fear. If their quality increased they would have a fair market appeal, but hey China is China afterall.