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President Trump’s tariffs on Chinese goods to be announced March 22, 2018

How Trump’s Protectionism Backfires

Clear your website data if you need to and want to read.

Here’s a photo of one of the graphics

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Compare with margin of victory graphic

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Quote (Source)
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...Business leaders acknowledge that China's treatment of intellectual property is a problem, but they warn that tariffs could backfire. Dozens of trade groups sent a letter to the president on Sunday urging Trump to pursue a different course.

"The imposition of sweeping tariffs would trigger a chain reaction of negative consequences for the U.S. economy, provoking retaliation; stifling U.S. agriculture, goods and services exports; and raising costs for businesses and consumers," said the letter, signed by leaders of the U.S. Chamber of Commerce, the National Retail Federation and other groups.

The stock market dropped sharply in anticipation of possible fallout from the trade moves....


...The move could complicate Trump's effort to cultivate China's help in addressing North Korea's nuclear program.

Critics also warned that unilateral action by the United States squanders an opportunity to put international pressure on China for practices that are widely criticized by other countries...
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