国产一级片一区二区三区Iav黄色免费看I久久久久国产成人免费精品免费I人成午夜视频I97福利在线I国产麻豆剧传媒免费观看I久久爱www.I一区二区三区视频在线I久久免费高清I麻豆国产精品永久免费视频I91尤物国产尤物福利在线播放

Economists say reducing trade deficit not an excuse for trade war

Source: Xinhua| 2018-04-06 07:06:41|Editor: Liangyu
Video PlayerClose

HOUSTON, April 5 (Xinhua) -- Imposing tariffs on Chinese imports will not reduce U.S. trade deficit with China, economic experts told Xinhua Thursday.

Experts agreed that one of the reasons for U.S. administration's decision to impose tariffs on Chinese imports is the U.S. trade deficit with China, but the move will not achieve the goal since the causes of deficit are not changed by setting trade barriers.

"The Trump administration tries to open the Chinese market and reduce China's exports through trade war, but the trade war cannot solve the problems and change the root causes," visiting scholar at University of Texas Shaobo Wen told Xinhua.

Wen commented that even if the United States unilaterally reduces the trade deficit with China, its foreign trade deficit will continue, only transferred from China to other countries.

"From a historical perspective, trade wars not only fail to solve the problems, but on the contrary, if managed inappropriately, will escalate into crises," he added.

Professor of Finance and Economics at University of Texas Stephen Magee explained that there are two reasons for the trade deficit of the United States with China. First, China is very competitive in manufacturing because of low wages. Second, China has much higher governmental and individual savings rates.

"Thus United States has the advantage of buying cheaper manufactured goods and funding American investments with abundant Chinese savings," he noted.

According to Brian Trinque, lecturer in the department of economics at the University of Texas, trade deficit should not be manipulated by policies.

"Deficits are not bad, and huge deficits are not worse than small deficits. Policies that are intended to manipulate the size of a deficit have no basis in economics," he said.

The U.S. administration on Tuesday announced a proposed list of products subject to additional tariffs, which covers Chinese exports worth 50 billion dollars with a suggested tariff of 25 percent.

China on Wednesday hit back at the U.S. unilateral action with its own tariff plan. It unveiled a list of products imported from the United States worth 50 billion dollars that will be subject to higher tariffs. The items include soybeans, automobiles and chemical products.

TOP STORIES
EDITOR’S CHOICE
MOST VIEWED
EXPLORE XINHUANET
010020070750000000000000011100001370910491
主站蜘蛛池模板: 熟女少妇丰满一区二区| 国产精品一卡二卡三卡| 成人年无码av片在线观看| 中文无码成人免费视频在线观看 | av高清无码 在线播放| 长腿校花无力呻吟娇喘的视频| 久久内射| 极品少妇小泬50pthepon| 国产日韩av免费无码一区二区| 无码少妇一区二区三区芒果 | 熟妇人妻不卡中文字幕| 亚洲无码国产精品| 久久99精品国产99久久| 亚洲日本高清一区二区三区| 成人欧美一区二区三区视频| 亚洲欧美日韩综合一区在线观看| 夜色阁亚洲一区二区三区| 亚洲精品日本一区二区三区| 国产成人亚洲精品无码青| 亚洲国产精品一区二区手机| 免费无码成人av在线播放不卡| 精久国产av一区二区三区孕妇| 国产涩涩视频在线观看| 国产成人毛片在线视频| 久久99亚洲精品久久99果| 又大又紧又粉嫩18p少妇| 久久精品无码精品免费专区| 国产亚洲另类无码专区| 国产精品久久久久久亚洲毛片| 亚洲精品国偷拍自产在线麻豆| 亚洲va中文字幕| 中文字幕无码日韩专区免费| 美女mm131午夜福利在线| 国产日产精品一区二区三区四区的特点 | 日本www一道久久久免费榴莲| 免费精品国产一区二区三区| 亚洲日本在线电影| 亚洲日韩成人无码不卡网站| 国产av午夜精品一区二区入口| 国产一区二区三区怡红院| 精品日本一区二区三区免费|