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Countervailing tariffs to China in a Trade War.
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JonSCKs
Posted 2/6/2018 10:13 (#6558397 - in reply to #6558376)
Subject: China has FAR MORE to lose than we do..


No DOUBT that IT WOULD BE BAD!!

Which is WHY both sides should STOP NOW and NEGOTIATE a Solution..

but if the tit for tat.. game goes on..  CHINA has FAR MORE TO LOSE.. then we do..

... and we BOTH know that.

The US's Largest Trading deficit partners..

  ( https://en.wikipedia.org/wiki/List_of_the_largest_trading_partners_of_the_United_States   )

The largest US partners with their total trade   (sum of imports and exports ) in millions of US dollars for calendar year 2016 are as follows:[2]

A flow map of the largest trade partners of the US
United States imported $2.13 trillion from other countries in 2014
United States exported $1.44 trillion to other countries in 2014
RankCountry/DistrictExportsImportsTotal TradeTrade Balance
-World1,454,6242,188,9403,643,564-734,316
- European Union[3]270,325416,666686,991-146,340
1 China115,775462,813578,588-347,038
2 Canada266,827278,067544,894-11,240
3 Mexico230,959294,151525,110-63,192
4 Japan63,264132,202195,466-68,938
5 Germany49,362114,227163,589-64,865
6 South Korea42,26669,932112,198-27,666

so...???

We IMPORT 4 TIMES the amount of STUFF from China vs our Exports..  So if CHINA wants to ESCALATE a TRADE WAR..  It would be very dumb.. but.. who knows??




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