High Tariffs Won’t Fix US' Structural Disorders
... in their overall size, targeting only $18 billion worth of Chinese imports, these restrictive decisions affected a number of strategic sectors like electric vehicle (EV) batteries, computer chips and medical products. The odds are that the US trade protectionism will go further, no matter who wins in the forthcoming November presidential election. The apparent assumption in the White House is that since the US remains a lucrative market for all US trading partners, eventually these partners will ...