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Heather Kerrigan

In: Historic Documents of 2018

Chapter : U.S. and Chinese Officials Respond to Trade Dispute : March 2, 8, 22, and 24, April 3, and June 16, 2018

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U.S. and Chinese Officials Respond to Trade Dispute : March 2, 8, 22, and 24, April 3, and June 16, 2018
U.S. and Chinese Officials Respond to Trade Dispute
Heather Kerrigan

Throughout 2018, the United States imposed import tariffs on a variety of goods, including washing machines, solar cells, aluminum, and steel. The intent of the administration of President Donald Trump was to raise prices on imported goods to discourage Americans from buying them, and instead shift their purchases to American-made goods for the benefit of domestic manufacturers. The president also sought to use the tariffs to address the trade imbalance between the United States and many other countries, most specifically China. Many economists argued that these so-called trade wars would ultimately ...

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