Tariffs Are the Wrong Response to China

The trade conflict between the U.S. and China is escalating. After repeatedly accusing the Chinese government of “economic aggression,” the U.S. government is considering imposing tariffs on as much as $450 billion of goods imported from China. China cannot respond symmetrically—it imports too little from the U.S.—but it could easily devalue its exchange rate or use … http://bit.ly/2K84ogh

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