Hacker News new | ask | show | jobs
by TangoTrotFox 2838 days ago
We are currently running a $375 billion dollar trade deficit with China. That means each year they receive a net gain of $375 billion in trade with us. And ironically the Chinese already had disproportionate tariffs against numerous American exports. A handy tool on Google is search by date range (wish DDG had this). Search for 'Chinese tariffs' on google with a date range of 2000-2015. You'll find articles such as this [1] referencing China's minimum 25% import tariff on American vehicles contrasted against 5% from the US.

Or articles such as this [2] which I will leave without further comment, since that's an entirely different topic...

[1] - https://www.forbes.com/sites/baizhuchen/2012/07/12/tear-down...

[2] - https://www.greentechmedia.com/articles/read/commerce-depart...