The trade conflict between the United States and China is a severe threat to the world economy. While the debate over the effectiveness of tariffs is at a steady boil in the United States, the EU is opposed to tariffs as a means for dealing with China. Although serious issues with China must be addressed – such as dumping and subsidization – tariffs will make the United States neither more competitive nor secure.
The trade conflict between the United States and China is a severe threat to the world economy. While the debate over the effectiveness of tariffs is at a steady boil in the United States, the EU is opposed to tariffs as a means for dealing with China. Although serious issues with China must be addressed – such as dumping and subsidization – tariffs will make the United States neither more competitive nor secure.
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