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by w0utert 2766 days ago
And it seems like this is the case, right? 5% price increase in the US vs 20% price increase in China. So who is benefiting? Let me make clear that I'm absolutely not a proponent of China's global economic policies, so I'm not choosing sides here. But one-sided tariffs like they have been instituted by the Trump administration really do not benefit anyone. Hurting less than the other party hardly seems like a win to me.
1 comments

My understanding is that the desired outcome is for China to get rid of tariffs and other policies that prop up their local industries at the expense of other countries. The problem before was that China had policies and tariffs that were one-sided and nobody could do anything about it. The US is big enough to do something about it.