The 2018-2019 tariffs have created thousands of U.S. jobs.
COALITION FOR A PROSPEROUS AMERICA
Straight talk from the CPA Economics Team on U.S. economic performance and related global economic issues.
China’s domestic consumption is 20 points lower than other major economies. It needs to raise consumption to address indebtedness and to raise living standards in China.
The success of the washing machine tariffs shows that “tariff-jumping investment,” i.e. inducing domestic industry growth via tariffs is a viable strategy for the U.S. in industries that have suffered decline.